Economic Aid to Hard-Hit Nonprofits and Venues Act Archives

January 17, 2021

Economic Aid to Hard-Hit Nonprofits Act

Economic Aid to Hard-Hit Nonprofits Act summarizes the terms, eligibility and application requirements of the new Payment Protection Program loan (PPP 2 Loans) under the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act. The Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act was signed into law create a new Paycheck Protection Program (PPP) loan (PPP 2 Loans) available to charities that received PPP loans pursuant to the Coronavirus Aid, Relief, and […]

February 21, 2021

Nonprofit PPP2 Working Better This Time Around

Nonprofit PPP2 Working Better This Time Around is based on INSIDE CHARITY’s direct communication this past week with the Small Business Administration (SBA). The number of Paycheck Protection Program (PPP2) loans to U.S. nonprofits and small businesses more than doubled in the fourth week of the second round of pandemic relief aid, according to new data from the SBA. This week, the SBA hit a major milestone of approving $104 billion of PPP funds to […]