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How To Apply For The Ppp Loan Round 2. Here are the relevant details. Make sure you put on push notifications so you can get the latest information.
Have fewer than 300 employees per location. Search for lenders in your area; Visit your closest lender that is processing ppp loans.
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The loan may be fully forgiven if the funds are used for payroll costs, interest on mortgages, rent, and utilities during the covered period following the funding of the loan. For borrowers in the accommodation and food services sector, the maximum loan amount for a second draw ppp loan is 3.5x average monthly 2019 or 2020 payroll costs up to $2 million. This means, for example, that franchises can apply, according to ough. Get results from 6 engines at once