Paycheck Protection Program Second Draw Loans: Overview
in 2019 and 2020. Maximum Loan Amount and Increased Assistance for Accommodation and Food Services Businesses . For most borrowers, the maximum loan amount of a Second Draw PPP Loan is 2.5x average monthly 2019 or 2020 payroll costs up to $2 million. For borrowers in the Accommodation and Food Services sector (click
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