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How many PPP loans can you get?

There is a limit of one PPP loan per tax ID. If your second business has a separate unique EIN, it's eligible to apply for the PPP as well.

Are there any PPP loans for 2022?

Unfortunately, PPP loans in 2022 aren't happening \u2013\u2013 eligibility for the program ended in May 2021 and there are no signs of it coming back. There are other options for securing small business funding besides PPP loans. Read on to learn about your options for how to get the funding you need.

Is Womply PPP still available?

The Paycheck Protection Program (PPP) is no longer accepting applications. Womply is not involved with PPP forgiveness. Please contact your PPP lender for information on their forgiveness process. If your lender has opted-in you can apply via the SBA's direct forgiveness portal.

How do I qualify for a PPP loan?

2021 PPP loan eligibility Your business was operational before February 15, 2020. Your business is still open and operational. You have no more than 500 employees. If your business has multiple locations, you have no more than 500 employees per location.