More PPP loans are coming. Here’s how your business can get a second one.

President Donald Trump has signed into law a new $900 billion coronavirus relief and stimulus package. Among its provisions: An extension of last spring’s Paycheck Protection Program, allowing another $284 billion or so in forgivable, federally backed loans for ailing small businesses.

The initial program, overseen by the U.S. Department of Treasury and Small Business Administration, shepherded some $525 billion to more than 5 million recipients but was fraught with loopholes and liabilities that raised countless issues throughout an already complex process.

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