The latest round of federal coronavirus relief passed in December 2020 includes $284 billion approved for Paycheck Protection Program (PPP) Second Draw.

In this round of the program, eligibility requirements, loan terms, and eligible expenses have been adjusted to help more small businesses and non-profits. Deadline to apply has been extended to March 31, 2021. A simplified application will be created to help streamline the process for those seeking $150,000 or less.

Click here for details about the second draw.

For further assistance, contact the Northeast Indiana Small Business Development Center (SBDC) at (260) 481-0500. Business advisors are available to meet by appointment at the Noble County EDC office in Albion. Call (260) 636-3800 to request an appointment.