If you applied for the first round of the PaycheckProtection Program, you may be entitled to apply for, and receive funds, for the second round. You need to show a 25% reduction in net income for at least one quarter in 2020. Gather your information, contact your financial institution that processed your first PPP, and get ready to apply.
All of our clients who applied for the first round PPP have had their loans forgiven by the SBA. Let us know if you have any questions. You can contact Kelli directly at kelli@khalawgroup.com or by telephone at (615) 567-7304. Take care and stay well.