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SBAs PPP Portal Opens for Second Round of Loans
The U.S. Department of Treasury and the U.S. Small Business Administration (SBA) have announced that beginning Monday, Jan. 11, applications will be accepted for the second round of loans in the SBA’s Payment Protection Program (PPP). The second round of PPP loans provides eligibility to new borrowers and certain existing PPP borrowers. This article provides a general overview of the second round of funding.