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Timing of PPP Draw 1 and PPP Draw 2
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Ryan Borcherding
Posted 2/16/2021 12:43 (#8836871)
Subject: Timing of PPP Draw 1 and PPP Draw 2


Leesport, PA
Has anyone received PPP draw 1 funds in January 2021, spent the funds, reapplied and gotten draw 2 already?

I know in past discussions, several have claimed they are being told 8 week minimum between receiving draw 1 funds and applying for draw 2. Banker I have talked with has no definite information. Curious if anyone has first hand experience receiving both draws since everything opened up again in January.

Thanks,

Ryan
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