At the same time, consumers whom in earlier times applied for and you will returned good PPP loan normally apply again on difference in (1) the borrowed funds amount it chosen and you will (2) the total amount they could now be considered discover

• Eligible consumers try capped on no more than three hundred team (rather than five-hundred); but not, individuals that have more 3 hundred team however, whoever number 1 world is actually NAICS group 72 (apartments and you may dining services) hence do not have more 300 team per actual area will additionally be qualified. The fresh new SBAs “affiliation” statutes still apply, but with respect to certain excluded enterprises since the discussed here .
• Eligible borrowers have to have got terrible receipts from inside the earliest, next, otherwise third quarter off 2020 (or for fund shortly after ) that demonstrate no less than a twenty five% reduction as compared to same one-fourth during the 2019 (or, should your borrower wasn’t in business when you look at the 2019, a twenty-five% reduction in the second, third, otherwise 4th quarter from 2020, than the very first one-fourth away from 2020). Sigue leyendo →