Help Clients Benefit from PPP-2 Loans
The Paycheck Protection Program (PPP) was reopened on January 11, 2021 with updated eligibility requirements and the possibility of a second loan for the hardest-hit small businesses.
The new guidelines make it easier for businesses to obtain a first-draw PPP loan and a second-draw PPP loan to be used for eligible payroll and non-payroll expenses, including technology. Software and cloud upgrades, for example, are recognized as critical expenses, potentially including payroll, HR, and HCM platforms to digitize operations and support touchless, mobile-friendly solutions.
The PPP Loan application deadline is March 31, 2021.
Get the details on PPP loan eligibility, amounts, and forgiveness, and learn next steps.