Is The Ppp Loan Back 2024. Small business administration (sba), in consultation with the treasury department, announced today that the paycheck. Ppp now allows certain eligible borrowers that previously received a ppp loan to apply for a second draw ppp loan with the same general loan terms as their first draw ppp loan.

In a landmark decision aimed at aiding u.s. Ppp loan enables an incentive for small business owners to retain their employees on the payroll.