Your HR & People Operations Questions, AnsweredDoes a new start up business qualify for the PPP Plan?
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Does a new start up business qualify for the PPP Plan?

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Jacinda asked 2 years ago

1 Answer
Andrea replied 2 years ago
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

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