Does a new start up business qualify for the PPP Plan?
Jacinda asked 3 months ago
1 Answer
Hi Jacinda,
As of August 8, the Paycheck Protection Program (PPP) is closed. The Small Business Administration (SBA) is no longer accepting applications. There have been talks to fund the PPP in future economic stimulus plans, but Congress has not been able to reach an agreement.
You can read more the SBA website here: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program
As of August 8, the Paycheck Protection Program (PPP) is closed. The Small Business Administration (SBA) is no longer accepting applications. There have been talks to fund the PPP in future economic stimulus plans, but Congress has not been able to reach an agreement.
You can read more the SBA website here: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program
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