Watch Our PPP Reopening Webinar

Chamber News

The Paycheck Protection Program (PPP) recently reopened for new borrowers and certain existing PPP borrowers. This round of the PPP continues to prioritize millions of Americans employed by small businesses by authorizing up to $284 billion toward job retention and certain other expenses through March 31, 2021, and by allowing certain existing PPP borrowers to apply for a Second Draw PPP Loan.

Rob Goza, lead economic development specialist from the Eastern PA District Office of the U.S. Small Business Administration, discusses the new PPP guidelines outlined in the Economic Aid Act, as well as other guidance related to financial assistance for small businesses.