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ALERT: PPP Program Funds Replenished

Posted on April 24, 2020

President Trump has signed into law a bill providing for $500 billion in relief due to the COVID-19 pandemic. Part of the package includes approximately $320 billion more for the Paycheck Protection Program (PPP).

The Small Business Administration (SBA) has not yet released a plan or details for how or when the PPP will reopen; however, we are encouraging businesses to reapply if they did not receive a loan in the first round or who did not apply before the original funds ran out.

Contact your Knox Law attorney, or any of our Business & Tax attorneys to learn more.

More resources and information regarding COVID-19

For more information, please contact Sarah Holland.