SIERRA COUNTY CHAMBER OF COMMERCE
January 14, 2021 letter from Doug LaMalfa:
LaMalfa Announces Availability of Second Round of Small Business Coronavirus Aid
(Washington, DC) – Congressman Doug LaMalfa (R-Richvale) issued the following statement after the announcement of the reopening of the PPP Loan Program that was renewed under December’s Coronavirus relief legislation. The Reopened PPP Loan Program appropriates $284.45 billion – available to newly eligible businesses that didn’t get a loan in the first round and eligible businesses that need additional support, or “second draw” loans.
Rep, Doug LaMalfa stated, “The Paycheck Protection Program (PPP) has been an impactful and important program that has helped keep our small businesses afloat during the pandemic and ensuing government-mandated lockdowns. Earlier this year, the Small Businesses Administration approved 5 million in PPP loans with an average loan size of $100,000 and saved approximately 51 million jobs across the country. Our North State small businesses now have another much-needed lifeline available to help endure both the COVID-19 pandemic and mandatory shutdowns.”
Reopened PPP Loan Program Specifics
Please find the application(https://www.sba.gov/document/sba-form-2483-sd-ppp-second-draw-borrower-application-form), fill it out and take it to your local lender.
Here’s a helpful document I found: https://mcusercontent.com/301a28247b80ab82279e92afb/files/3ce30f0c-74e8-46eb-af82-5d80c1d16c62/SBA_PPP_Presention_1_11_21.pdf?utm_source=2019+House+GOP+Staff+List&utm_campaign=0542b565f6-EMAIL_CAMPAIGN_2019_01_31_08_56_COPY_01&utm_medium=email&utm_term=0_a8407dc016-0542b565f6-147550869