Government Programs
Paycheck Protection Program and Economic Injury Disaster Loan (EIDL) - 2021
The Paycheck Protection Program (PPP) is a loan designed to provide a direct incentive for small businesses to keep their workers on payroll. Borrowers may be eligible for PP Loan Forgiveness.
*Note: These updates are intended to provide legal or tax advice. Please contact your legal or tax advisor regarding how the Consolidated Appropriations Act of 2021 impacts your organization.
Paycheck Protection Program
- First Draw PPP loans: If you have not received a PPP loan before, First Draw PPP loans are available to you.
- Second Draw PPP loans: If you have previously received a PPP loan, certain nonprofits are eligible for a Second Draw PPP loan.
- PPP Loan Forgiveness: Borrowers may be eligible for Paycheck Protection Program (PPP) loan forgiveness.
COVID-19 Economic Injury Disaster Loan (EIDL)- This loan provides economic relief to small businesses and nonprofit organizations that are currently experiencing a temporary loss of revenue.
[video width="1920" height="1080" mp4="http://local.mnacovidresponse.org:8888/wp-content/uploads/2021/01/MNA-TA-Support-Video-2021-02-21-1.mp4"][/video]Weekly Paycheck Protection Program (PPP) Updates
March 29, 2021 March 16, 2021 March 1, 2021 February 22, 2021 February 15, 2021 February 8, 2021 February 2, 2021 January 24, 2021 January 17, 2021 January 10, 2021 Presented in partnership by:
*Note: These updates are intended to provide legal or tax advice. Please contact your legal or tax advisor regarding how the Consolidated Appropriations Act of 2021 impacts your organization.