Summary of PPP After Enactment of the Economic Aid Act
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PPP After Enactment of the Economic Aid Act
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Summary of PPP After Enactment of the Economic Aid Act

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On December 27, 2020, the Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act became law as a part of the Consolidated Appropriations Act, 2021. The Act provides $284.5 billion of additional funding for the Paycheck Protection Program (PPP) through the U. S. Small Business Administration (SBA). The following is a review of key provisions of the PPP including:

  • First draw loans for entities that did not previously receive a PPP loan

  • Provisions for modifying the amount of a

Download the Summary of PPP after enactment of the Economic Aid Act

File name: ppp-economic-aid-act-summary-06-01-21.pdf

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