Main Street Practitioner Blog

PPP: Treasury, SBA Issue Additional Subregulatory Guidance and Applications

  

Jessica L. Jeane, J.D.
Director of Public Policy & Strategic Communications
January 9, 2021

Treasury and the U.S. Small Business Administration (SBA) have issued additional Paycheck Protection Program (PPP) subregulatory guidance and applications.

PPP Reopening

The PPP is scheduled to reopen the week of January 11. Accordingly, Treasury and the SBA on the evening of January 8 released the following applications for First and Second Draw Loans:

Additionally, Treasury and the SBA released on January 8 the following top-line overviews of general eligibility requirements and terms for First and Second Draw Loans:

Additional PPP Resources can be located on Treasury’s website here.

NSA's website page housing PPP updates and resources can be located here

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    The core mission of NSA is to help tax and accounting professionals become more successful.

NSA presents this information in the interest of its members for information purposes only and is not intended to provide, nor should it be relied upon, as legal, tax, or accounting advice.

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