The Paycheck Protection Program (PPP) loan portal will re-open to PPP-eligible lenders with $1 billion or less in assets for First and Second Draw applications on Friday, January 15, 2021, at 9 am ET.
Paycheck Protection Program Update:
The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in assets for First and Second Draw applications on Friday, January 15, 2021, at 9 am ET. The portal will fully open on Tuesday, January 19, 2021, to all participating PPP lenders to submit First and Second Draw loan applications to SBA.
Click here for more information.