Paycheck Protection Program loans - Square
Who can apply. If this is your second PPP loan. Sole proprietors, independent contractors, self-employed persons, and small businesses with up to 300 employees in operation at least since February 15, 2020, who experienced at least a 25% decrease in revenue in a quarter in 2020 relative to a quarter in 2019 (or the full year of 2020 relative to 2019), and who have already used or will use the full amount of their first PPP loan, are eligible to apply.
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