Is There A Ppp Loan For 2024. When the paycheck protection program sunsets at midnight on july 1, the historic business stimulus program will have doled out more than $520 billion in. Ppp borrowers can set their ppp loan’s covered period to be any length between 8 and 24 weeks to best meet their business needs;.
The paycheck protection program is providing small businesses with the resources they need to maintain their payroll, hire back employees who may have been laid off, and cover applicable overhead. Small business administration (sba) has announced expanded accommodations for covid eidl and paycheck protection program (ppp) borrowers to help bring them.