Interim Stimulus Plan to Provide Additional CARES Act Funding
Interim Stimulus Plan to Provide Additional CARES Act Funding Additional $310 Billion for the PPP Due to an extremely high demand for funds, the PPP has been replenished with an additional $310B in funding. In this round of funding, they have designated $30B for mid-sized banks/credit unions and $30B for smaller lending institutions. PPP loans…