As the economic impact of the Coronavirus pandemic continues to inflict damage on all sectors of society, the House and Senate passed legislation, totaling $900 billion, that was signed into law by President Trump last night. The total includes $284 billion in a Second Draw PPP Loan Program. Here is a summary of the salient details impacting the small business community.

Like the First Draw PPP Loan Program, the aid will be in the form of forgivable loans to small firms. However, there will be some key changes to the Program as well.