Paycheck Protection Plan Reopens
As of January 11, 2021, the U.S. Small Business Administration (SBA) has reopened the Paycheck Protection Program (PPP). Churches who did not apply for PPP in 2020 can apply now for a First Draw PPP Loan and secure 10 weeks of many operating expenses. In 2020, the SBA extended more than $4.2 million to 130 local NIC churches.
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