Round Two of Paycheck Protection Program Now Open to Applicants

The Coronavirus Response and Relief Appropriations Act of 2021, approved by Congress in late December, includes $284 billion dollars to assist small business and the self-employed, under a second round of the Paycheck Protection Program. Collaborating with the Small Business Administration, lending institution web portals in Northwest Arkansas are now open for loan applications. Mary Beth Brooks, director of the Small Business Technology Development Center at the University of Arkansas, explains the process.