5 PPP Loan Questions: Asked and Answered
Do you have questions about the second round of Paycheck Protection Program (PPP) Loans? You have come to the right place!
Our Concierge team is working hard to answer questions from small business owners. We sat down with them to learn the top 5 questions you are asking and hear their advice for small businesses applying for PPP Loans.
This person is your dedicated guide to all things PPP-related and will help you navigate through the loan application process. They can also guide you through the details of spending, saving and planning for the future of your business. Best of all, they are here whenever you need them.
Below are the top 5 most asked questions that our concierges have received about PPP Loans and their answers. They also added in a few pieces of advice about the application process.
Small businesses with 300 or fewer employees-including nonprofits, veteran organizations, tribal concerns, self-employed individuals, sole proprietorships, and independent contractors-are eligible provided that the business can demonstrate a 25% reduction in revenue compared to 2019. …