
S2E2 - Moore on Manufacturing: Paycheck Protection Program Round 2 Update
Peggy Lamptey
Description
<p>The PPP is back—but it has specific new requirements to qualify. It also allows first-time loans for those who didn’t get the original PPP. In this episode of Moore on Manufacturing, Mike and Carrie cover what manufacturers need to know about qualifying for these loans.</p> <p>00:10 – Welcome & introductions 00:19 – Differences between Round 1 and Round 2 of the PPP 05:04 – What does “reduction in revenues” mean for manufacturers? 06:00 – Definition of revenues? 08:13 – Changes to loan calculations 10:19 – Deadline to apply and other inclusions 12:42 – Who to turn to for help with PPP 13:57 – SBA software glitches 16:16 – Other information the business owners should be aware of 18:55 – Wrap up Sign-up to receive Moore in Manufacturing notifications when new episodes are released: <a href='https://www.jmco.com/moore-on-manufacturing/'>https://www.jmco.com/moore-on-manufacturing/</a></p> <p> </p> <p>Learn more about James Moore Manufacturing Team: <a href='https://www.jmco.com/industries/manufacturing/'>https://www.jmco.com/industries/manufacturing/</a></p>