Better Business with Barnes

Episode 10: PPP Loan Second Draw Q & A

Written by Barnes Wendling CPAs | Feb 4, 2021 9:37:26 AM

A PPP Loan Second Draw Discussion with Mike Pappas and Stephen Cox

Join us as Director Mike Pappas and Manager Stephen Cox host a Q & A on the PPP Loan Second Draw. They will address a variety of updates and key elements that will benefit you and your business. This podcast episode was also recorded as a live roundtable.

A sampling of the questions addressed:

  • Who is eligible?
  • How much of a loan can I get under the second draw?
  • Documentation requirements
  • What can I spend the money on?
  • How long do I have to spend the loan proceeds?