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PPP and Health Care enhancement act goes into effect

admin1 min readApril 28, 2020

The Paycheck Protection Program (PPP) and Health Care Enhancement Act, which provides critical additional funding for American workers and small businesses affected by the coronavirus pandemic, went into effect on April 27, and the SBA resumed accepting PPP loan applications.

The PPP has supported more than 1.66 million small businesses and protected more than 30 million jobs. Additional funds appropriated by Congress are expected to aid tens of millions of additional workers with critical relief.

Learn more about the Paycheck Protection Program.

SBA District and Regional Office Webinars on Disaster Assistance 

In addition, SBA district and regional offices are offering webinars about Economic Injury Disaster Loans. These webinars explain SBA’s Economic Injury Disaster Loan program and how to apply for disaster assistance. Sign up for SBA newsletters using your zip code to get updates.

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The League of Southeastern Credit Unions & Affiliates represents 302 credit unions in Alabama, Florida and Georgia, with a combined total of $175 billion in assets and more than 11.6 million members. LSCU & Affiliates provides legislative and regulatory advocacy; education and training; cooperative initiatives (including financial education outreach); public messaging; information services; and business solutions.

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