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Paycheck Protection Program Re-Open
SBA, in consultation with The U.S. Department of the Treasury, announced today that the #PaycheckProtection Program will re-open the week of January 11 for new borrowers and certain existing PPP borrowers. To promote access to capital, initially, only community financial institutions will be able to make First Draw PPP Loans on Monday, January 11, and Second Draw PPP Loans on Wednesday, January 13. The PPP will open to all participating lenders shortly thereafter. This round Read more…