Posted 2/16/2021 19:40 (#8837804 - in reply to #8837689) Subject: RE: Timing of PPP Draw 1 and PPP Draw 2
Leesport, PA
The PPP draws happen in order. If you haven't gotten any, you would start with draw 1 which has less requirements as you do not have to prove a 25% reduction in revenue in a 2020 quarter vs. a 2019 quarter. Payment amounts are calculated the same for both draws.
Timing of PPP Draw 1 and PPP Draw 2
