The Second Round of the Billion Dollar PPP Loan Program Has Been Approved….
How do you get the funds this time around?
The second round of the Paycheck Protection Program (PPP SBA Loan Program), totaling $320 billion, will open up on Monday (April 27th). Similar to the first round of funding, the second round of funding is expected to go fast to those companies that have complete applications and have existing relationships with banks.
The Trustees of BBC have worked with the leadership of United Bank of Philadelphia to put together a webinar on how to submit a successful application and get funding in the second round of the program. There were several “key learnings” from the first round that will aid in a business getting approval at both the bank and SBA level. Please join us this Sunday and Monday at 7pm for a 45 min presentation on how to apply, what information will be required and the steps you will need to go through in order to move from application to funds in the bank.
Our intentions are to work together to help support as many small businesses, entrepreneurs, free lancers, and non-profits, from our community as possible. Let’s get the money this time around.