Visit here to learn more. The Small Business Administration SBA affiliation rules applicable to loans under the original program will continue to apply to first- and second-draw PPP loans.
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Our understanding is that the PPP Loan program uses payroll to calculate loan amounts.
How long does it take to get sba economic injury disaster loan. It may be hard to receive PPP relief funding without payroll. However there is the Economic Injury Disaster Loan Program that does not seem to rely on Payroll. Repeal of EIDL Deduction The Act repeals a requirement under the original program that required borrowers to deduct the proceeds of their Economic Injury Disaster Loan advance from.
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