Paycheck Protection Program Second Draw Loans
GPTKB entity
Statements (29)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
government loan program
|
| gptkbp:administeredBy |
gptkb:U.S._Small_Business_Administration
|
| gptkbp:application |
through participating lenders
|
| gptkbp:country |
gptkb:United_States
|
| gptkbp:eligibility |
publicly traded companies
businesses with 300 or fewer employees businesses with significant ownership by certain government officials businesses primarily engaged in political or lobbying activities businesses with at least 25% reduction in gross receipts |
| gptkbp:endDate |
2021-05-31
|
| gptkbp:filingMethod |
5 years
|
| gptkbp:forgivenessCriteria |
at least 60% of loan used for payroll costs
remaining funds used for eligible expenses |
| https://www.w3.org/2000/01/rdf-schema#label |
Paycheck Protection Program Second Draw Loans
|
| gptkbp:mainInterest |
1% annual
|
| gptkbp:maximumLoanAmount |
$2 million
|
| gptkbp:partOf |
gptkb:Paycheck_Protection_Program
|
| gptkbp:purpose |
provide financial relief to small businesses affected by COVID-19
|
| gptkbp:relatedTo |
gptkb:CARES_Act
gptkb:Economic_Aid_to_Hard-Hit_Small_Businesses,_Nonprofits,_and_Venues_Act |
| gptkbp:startDate |
2021-01-13
|
| gptkbp:targetAudience |
independent contractors
nonprofits small businesses self-employed individuals sole proprietors |
| gptkbp:targetUser |
forgivable loan
|
| gptkbp:bfsParent |
gptkb:Economic_Aid_to_Hard-Hit_Small_Businesses,_Nonprofits,_and_Venues_Act
|
| gptkbp:bfsLayer |
7
|