The Franklin Partnership FAQ on the Paycheck Protection Plan
On Friday, April 3, 2020, lenders across the country could begin approving Small Business Administration Paycheck Protection Program loans (PPP) to businesses with 500 or fewer employees. Lenders can accept and award loans through June 30, 2020. Please note, lenders are overwhelmed and just beginning to receive guidance from the Federal Government on how to proceed and process loans,
making delays and confusion likely.