PPP2 Cheat Sheet
A high-level look at the Paycheck Protection Program 2.0
More funding is now available for Hawaii's businesses
In December 2020, a new COVID-19 relief package was signed into law that provides an extra $284 billion to fund a second round of PPP funding. Participating lenders are accepting PPP loan applications between January 11 and March 31.
In this cheat sheet we break down the elements, key details, and differences from round one for:
- Loan Amount
- Revenue Loss
- Forgiveness Structure
- Streamlined Application
- Much more