Ppp Loan Update 2024. On january 10, 2024, a paycheck protection program (ppp) loan recipient pleaded guilty to one count of bank fraud. The small business administration is giving some entrepreneurs a temporary break on their paycheck protection program loans and money received through the agency's.


Ppp Loan Update 2024

Ppp loans have an interest rate of 1%. Community financial institutions may begin making ppp loans to new or “first draw” borrowers on january 11, while “second draw” borrowers can do so from these lenders.

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