Paycheck Protection Program and Economic Injury Disaster Loan (EIDL) – 2021
The Paycheck Protection Program (PPP) is a loan designed to provide a direct incentive for small businesses to keep their workers on payroll. Borrowers may be eligible for PP Loan Forgiveness.
- First Draw PPP loans: If you have not received a PPP loan before, First Draw PPP loans are available to you.
- Second Draw PPP loans: If you have previously received a PPP loan, certain nonprofits are eligible for a Second Draw PPP loan.
- PPP Loan Forgiveness: Borrowers may be eligible for Paycheck Protection Program (PPP) loan forgiveness.
COVID-19 Economic Injury Disaster Loan (EIDL)– This loan provides economic relief to small businesses and nonprofit organizations that are currently experiencing a temporary loss of revenue.
Weekly Paycheck Protection Program (PPP) Updates
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*Note: These updates are intended to provide legal or tax advice. Please contact your legal or tax advisor regarding how the Consolidated Appropriations Act of 2021 impacts your organization.