The long-awaited Paycheck Protection Program 2.0 launched on January 11th! And, just like with the PPP in 2020, borrowers will work through a lending partner (bank or financial institution) approved by the Small Business Administration.
This time, borrowers are divided into two groups: First Draw (for individuals and organizations that did NOT apply for/receive PPP round 1) and Second Draw (for individuals and organizations that received PPP round 1.) Organizational eligibility, use of funds, and timelines will all be covered in this webinar.
We are delighted to welcome SBA San Francisco District Director Julie Clowes back to help us understand the PPP Round 2 with the same level of knowledge, patience, and non-jargon English as she provided nonprofits during the through the 2020 PPP.
Speakers:
Julie Clowes, San Francisco District Director, Small Business Administration
Lucy Salcido Carter, Public Policy Director, CalNonprofits
Jan Masaoka, CEO, CalNonprofits
Santa Barbara Foundation LOGO