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Commerce

Scottsdale economic development department offers help navigating newest round of PPP

Scottsdale’s economic development department has released plentiful information to help small businesses in need of financial assistance navigate the second Paycheck Protection Program.

The U.S. Small Business Administration announced the restart of PPP loans began on Jan. 11 for first-time borrowers, and re-opened on Jan. 13 for eligible borrowers seeking a second round of PPP.

The new program received $284 billion and PPP loans will be available for applications at participating lends through March 31, or until funding is exhausted, city officials say.

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