The Biden-Harris administration has amended the Paycheck Protection Program legislation and expanded eligibility to ensure that more small businesses are able to access this forgivable loan funding. Many businesses who were previously ineligible for PPP are now eligible, including:
Sole proprietors & independent contractors who claimed a business loss in 2019
Borrowers with federal student loans now in default
Borrowers who have committed non-fraud felonies in the past year
Join The Enterprise Center and Morgan, Lewis & Bockius LLP for our virtual info session to learn more about the new guidelines.
The session will cover the following info:
Overview of new PPP statutes
How to maximize your PPP loan amount
Documentation prep: what is required
How to access the application
Important dates & deadlines
Info about additional ways to access help with the application
There will also be opportunities for Q&A.