The SBA's Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL) program ran out of funds just 2 weeks after they were rolled out. The PPP and the EIDL are the two primary programs designed to help businesses suffering hardships due to coronavirus. Congress is expected to allocate additional funds for these two programs with an emphasis on the PPP which is designed to help the greatest number of small businesses. [More on the latest funding legislation.]
If you have not already received PPP funding and need to apply, here are a few important things to consider in this process.
