Paycheck Protection Program, Round Two

Although not yet signed into law by President Trump, the new federal COVID-19 bill provides for a second round of Paycheck Protection Program (PPP) loans worth $284 billion. The second round of PPP loans are more targeted and will be available to a smaller group of businesses.

Read more in this summary from OMA Connections Partner Benesch. Also, check out OMA Connections Partner GBQ Partners’ comprehensive summary of the new PPP provisions. 12/23/2020