SBA condones about millions of dollars in PPP awards

WASHINGTON.– The Federal Administration of Pequeños Negocios (SBA) announced the condolence of 1.1 million more correspondent to the Nomination Protection Program (PPP, for its English sails), for a total of over $ 1,000 million, brindandoles to these trades a month ago three months after the culmination of the first round of the first round of performances.

“The news is a key indicator that the PPP is working for all companies in our country,” said SBA Administrator Jovita Carranza. ‘For any small company that may be affected by the coronavirus pandemic, the Program will respond to new and existing new applications, and we will contact the PPPs to maintain their anonymous work schedules. The SBA continues to work the 24 hours of the day to overcome existing PPP issues and implement the next phase of this vital program ”.

Near the end of the year, the SBA has 1,346,125 solicitations of approximately $ 170.5 million. The SBA has disbursed pages in this case 85% of the applications, earning more than $ 100 million. For the most excellent performers with prices up to $ 50,000, 88% are approved for the condition.

The new dates are currently being reviewed as the Nomination Protection Program recalls a second round as a result of the Economic Aid Act for Small Businesses, Organizations Without Finances by Lucro and Morals, signed by President Donald Trump on 27 December 2020. The aggregate also acts as eligible guests to all operating guests, guest guests on property, guests of protection and protection of workers, as areas of “drive through”, ventilation and protectors against outages.

For more information on PPP payment and loss metrics, as well as program information, you can visit the SBA website: www.sba.gov/ppp.