Knowledge Exchange

Business Tips and Tools

Paycheck Protection Program: What you need to know now

The Coronavirus Response and Relief Supplemental Appropriations Act of 2021 (CRRSAA) ushered in several changes and renewals for the Paycheck Protection Program (PPP). Erin Pirro and Keith Dickinson presented a webinar on January 22 to explain the most important changes to the program for Farm Credit East customers, including how to determine if your business is eligible for additional PPP funds.

For a PDF of the slides from this presentation, click here.

To access Farm Credit East's self-service PPP eligibility tool mentioned in the webinar, click here. These tools are applicable for first-time PPP borrowers who have yet to receive a PPP loan; PPP borrowers who would like to recalculate their first PPP loan; and PPP borrowers who have used their first PPP loan and would like to determine eligibility for a second PPP loan.

Click below to view the recording.