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The Paycheck Protection Program in 2021

Recent Developments Related to the Program

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Despite the distribution of several COVID-19 vaccines, there is no clear sign that the pandemic is behind us.  Certainly, many small businesses, still feeling the financial strain from the pandemic, can attest to that. To aid these struggling businesses, the federal government reopened applications for a second draw of PPP loans in January. 

The Economic Aid Act, signed into law in December, reopened the Paycheck Protection Program (PPP) to first time borrowers and to second draw borrowers. The last day to apply for and receive a loan under the reopened PPP is March 31, 2021. 

This second draw comes with a few differences and limitations. Join PBI for a webcast that zeroes in on the highlights of Second Draw PPP Loans. 

  • How the PPP Second Draw Program Differs from the Original Program
  • The Second Draw Application Process
  • New Covered Non-Payroll Costs
  • The Loan Forgiveness Process—What We Have Learned So Far
  • The Availability of PPP Loans to Companies in Bankruptcy or That Have Emerged from Bankruptcy
  • Changes to the Program Announced by the New Presidential Administration

Recorded in March 2021.

Practice Areas


Corinne S. Brennan Esq. Klehr Harrison Harvey Branzburg LLP (Phila)
Kieran M Casey Esq. Rosenn Jenkins & Greenwald LLP
Faculty may vary by location.
PBI reserves the right to substitute speakers at all programs.
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