General Q&A: Paycheck Protection Program (PPP) First Draw

These questions and answers are a compilation of the participant Q&A from YPTC and Network for Good’s webinar on Feb. 15, 2021. What does first draw mean?  Does that mean from the spring? First draw is the first PPP Loan round. Can you clarify first draw vs. second draw? First draw refers to the first … Continue reading General Q&A: Paycheck Protection Program (PPP) First Draw