JOIN ASURE PAYROLL FOR: Webinar: SBA Update on Second-Draw PPP — New Application and Rules Explained

This round of the PPP will 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.

Join us Thursday, January 14th at 1:00pm CT for a webinar as we discuss:

• PPP borrowers can set their PPP loan’s covered period to be any length between 8 and 24 weeks to best meet their business needs;

• PPP loans will cover additional expenses, including operations expenditures, property damage costs, supplier costs, and worker protection expenditures;

• The Program’s eligibility is expanded to include 501(c)(6)s, housing cooperatives, direct marketing organizations, among other types of organizations;

• The PPP provides greater flexibility for seasonal employees;

• Certain existing PPP borrowers can request to modify their First Draw PPP Loan amount; and

• Certain existing PPP borrowers are now eligible to apply for a Second Draw PPP Loan.