SBA Part Four: Comparison of the SBA Disaster Loan vs. Paycheck Protection Programs
The recently enacted Coronavirus Aid, Relief, and Economic Security (CARES) Act made important changes to and expansions of Small Business Administration (SBA) lending available to qualifying small businesses.
A detailed comparison of the SBA’s disaster loan program and its new Paycheck Protection Program (PPP) is available here.
*The original chart posted on April 1, 2020 has been updated to reflect changes as of June 15, 2020.
Please visit our COVID-19 Toolkit for all of Taft’s updates on the coronavirus.
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