PPP Deadline Approaching
The deadline for the PPP loan is March 31st, so do not wait to apply if you qualify. Some tips are as follows:
- Apply through your existing bank
- You must have 300 or fewer employees
- Have already used or plan to use your original PPP funds
- Can demonstrate at least a 25% reduction in revenue during a least one quarter of 2020 when compared to 2019.
Is there a possibility of extension? Possibly, but if you qualify, why take the chance?
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