Understanding Round 2 of the Payment Protection Program (PPP)

Description

On Monday, January 11, 2021, the U.S. Small Business Administration (SBA) and the U.S. Treasury Department reopened the Paycheck Protection Program (PPP) loan. The program began accepting applications first from new borrowers from Community Development Financial Institutions (CDFI) and Minority Depository Institutions (MDI). The PPP is expected to open more widely soon.

During this webinar, the New Orleans Regional Black Chamber of Commerce and Hope Credit Union will make sure small businesses are ready for the second round of PPP payments. Topics to be covered include:

• Understanding the new rules and procedures
• Understanding how the  PPP application and process
• And where to find assistance with filling out the application.