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Jun 22, 2021 · First-Draw PPP loans were available for the lesser of $10 million or 2.5 times a company's average monthly payroll. Second-Draw loans up to $2 million were available for …
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Feb 23, 2021 · Over the course of roughly four months in 2020, the PPP distributed about $525 billion in forgivable loans to 5.2 million companies, saving an estimated 50 million jobs, …
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Jan 12, 2021 · The relief package includes an additional $284.45 billion in funding for first-time and second draw PPP loans to help small businesses. In addition to providing funds for first …
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In PPP Small Business Loans — the final of three updates — Insider Intelligence looks at how different lenders fared at implementing the PPP by examining the available data on PPP …
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Jul 29, 2021 · Small- and medium-sized business lenders, in particular, are expected to increase loan originations by 16.2%, for a projected total of $15.8 billion annually by 2024.
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Mar 30, 2021 · Under the PPP, small businesses can get up to 24 weeks of cash flow assistance through federally guaranteed loans. Plus, the loans can be forgiven to the extent the proceeds …
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