PPP round 2 webinar QA (REF Comments) (04583288).DOCX
If you are applying for Second Draw PPP Loan, for companies that didn’t operate in 2019 but were operating prior February 15, 2020 and already received an exhausted a First Round Draw PPP Loan, the 25% revenue reduction requirement will be used comparing the Q1 2020 receipts to gross receipts in Q2, Q3 or Q4 2020. ................
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