New Ppp Loan 2024 Update. Ppp is a loan designed to provide a direct incentive for small businesses to keep their workers on payroll. Small business administration, in consultation with the treasury department, today released a simpler loan forgiveness application for.

Washington—today, the small business administration (sba), in consultation with the department of the treasury, released the paycheck protection. Specifically, from february 24 to march 9, 2021,.