PPP SECOND DRAW LOANS

Loan applications through the Payroll Protection Program will soon be available to all small businesses. If you or your business received a PPP Loan during the first round and could use additional aid, you may qualify for a second round of funding.

Counsel has received guidelines from our bank on PPP Second Draw Loan requirements, found HERE. While your bank’s requirements may differ, this should give a good indication of what is needed to apply for a second PPP Loan. If you have any questions, please contact us!