SBA PPP Funds Exhausted

Less than 1 week from the launch of the SBA PPP (Small Business Administration Paycheck Protection Program), the $349 Billion have been completely used.

The SBA Website now has a notification reading:

“The SBA is currently unable to accept new applications for the Paycheck Protection Program based on available appropriations funding. Similarly, we are unable to enroll new PPP lenders at this time.”

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