New COVID-19 Relief Bill Adds PPP ‘Second Draw’ Loans and Modifications to Original PPP

On December 27, the Consolidated Appropriations Act of 2021 (the “Act”) was signed into law. This Act makes available $284 billion for second draw loans under the Paycheck Protection Program (“PPP-2”) and also makes important changes to the existing Paycheck Protection Program (“PPP-1”)......
By: Snell & Wilmer

Array