27 Sie 62. query: If a purchaser obtained fractional forgiveness of its very first Draw PPP Loan, does this boost the risk for debtor ineligible for a 2nd keep PPP debt?
Solution: If a borrower obtained fractional forgiveness of the principal keep PPP money, the debtor are qualified to apply for the second keep PPP finance as long as the buyer utilized the complete quantity of their First keep PPP Loan only for qualified expenditures defined in subsection B.11.a.i.-xi from the consolidated interim final rule carrying out posts to your PPP.
63. matter: May candidates make use of SBA founded sizing criteria (either revenue-based or employee-based) or SBA optional length common to are eligible for a Second keep PPP money?
Response: No. professionals might not incorporate SBA developed size standards (either revenue-based or employee-based) or the option proportions common to be eligible for an extra keep PPP money. Ordinarily, the size and style qualification requirement for Second keep PPP Personal loans include narrower compared to the length eligibility necessity for principal keep PPP Loans.