The U.S. Small Business Administration (SBA) will be reopening access to the Paycheck Protection Program (PPP) to all lenders beginning Tuesday, January 19th.
Joining for-profit and 501(c)(3) nonprofit organizations, 501(c)(6) nonprofit organizations are now eligible to apply. For more information on what you should know about 501(c)(6) eligibility in the PPP, please take a look at this resource guide from the Tenenbaum Law Group and ASAE.
The SBA website has been updated with new information, which can be found at these links: