Are You/ Is Your Business Eligible for Round 2 of PPP?
By now you’ve probably heard it all—you should apply for the Paycheck Protection Program (PPP), you’ll get it. You shouldn’t apply for PPP, you aren’t eligible. No harm in trying—apply for PPP and see what happens. Well, you have to pay to file your 2020 taxes prior to applying for round 2 of PPP, and most business owners do not want to spend the money to do so unless they are eligible to get some money. No one can do a quick summary of all of the PPP criteria, but here is our best attempt at summing it up for you.