New Ppp Loan 2024. Ppp is a loan designed to provide a direct incentive for small businesses to keep their workers on payroll. Small business administration (sba) has announced expanded flexibility and accommodations for covid eidl and ppp borrowers to help bring them into compliance and avoid the repercussions of defaulting on a.
Small business administration (sba) has announced expanded flexibility and accommodations for covid eidl and ppp borrowers to help bring them into compliance and avoid the repercussions of defaulting on a. If both your net profit and gross income are zero or less, you are not eligible for a ppp loan.