We have answered the most frequently asked questions that business owners have had on PPP loans going into 2021, as COVID stimulus continues.

2021 holds an uncertain, yet optimistic, future for business owners. A new wave of PPP Loans is one of the ways Congress will be attempting to stimulate the economy and get businesses back on their feet.

In light of the recent economic downturn, SBA issued the PPP loan, allowing businesses to take out loans to pay for payroll, mortgage, rent, and utilities. Most recently, SBA has allowed for easy forgiveness to loans $50,000 or less.