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How Paycheck Protection Loans Are Different Than 7(a) SBA Loans

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02.04.2020

Update: This post was updated on April 1 to reflect the changing guidance on how the Paycheck Protection Program will operate.

President Trump on March 27 signed a $2 trillion coronavirus stimulus package and with it unleashed a $350 billion paycheck protection program (PPP) aimed at helping U.S. small businesses, which have faced devastating losses in the wake of the coronavirus pandemic.

While this specific........

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