Sba Ppp Loan 2024 Date. Published on january 5, 2024. The paycheck protection program prioritizes millions of americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses.

Ppp now allows certain eligible borrowers that previously received a ppp loan to apply for a second draw ppp loan with the same general loan terms as their first draw ppp loan. Existing borrowers may be eligible for ppp loan forgiveness.