Today, the U.S. Small Business Administration, in consultation with the U.S. Treasury Department, announced that they will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in assets for First and Second Draw applications on Friday, January 15, 2021 at 9 a.m. EST.
The portal will fully open on Tuesday, January 19, 2021 to all participating PPP lenders to submit First and Second Draw loan applications to SBA.
Updated PPP Lender forms, guidance, and resources are available at www.sba.gov/ppp and www.treasury.gov/cares.
In case you missed it, the North Country Chamber of Commerce recently partnered with the SBA for an informational webinar on changes to the PPP and EIDL programs. View the recording below.