![womply status womply status](https://i.redd.it/afs2riv825w61.jpg)
The SBA reopened the PPP on Monday January 11, 2021, with a two-day period where access to the program would only be possible for the smallest businesses and those owned by minorities after this the program was opened to all who qualify. The CAA also rescinded the $147bn that had remained in the program at the end of Round Two, simultaneously increasing and decreasing the funds available to the program on re authorization. Amongst other provisions, including jobless benefits and stimulus checks, the $900bn CAA package included $284bn once again for the PPP program, and, in addition to other program changes, made it possible for businesses to apply for a second PPP loan up to a maximum loan amount of $2m. On December 21 Congress passed the Consolidated Appropriations Act, 2020 (CAA) which was signed into law by President Trump December 27. This date passed without a second extension to the program. The PPP program was due to expire at midnight on June 30 with funds remaining, but just hours for the expiration of the program Congress authorized an extension through August 8. This brought the total funds available to the SBA and the PPP to $669 billion. Congress later provided an additional $320 billion for the PPP in H.R.266, the Paycheck Protection Program and Health Care Enhancement Act (Round Two). The SBA commenced the PPP on April 3, 2020, and closed the program on April 16, 2020, on the exhaustion of the $349 billion appropriated by Congress (Round One). The CARES Act set aside $349 billion for the relief of small businesses, to be administered by the SBA in the form of the PPP. With an estimated $2 trillion price tag, the third package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act, is perhaps the largest and most significant federal emergency aid bill in U.S. In the face of the economic and social disruption caused by the coronavirus, Congress has enacted three economic relief packages.
![womply status womply status](https://i.redd.it/uyblbzpts9671.png)
The following tracker uses the most recent data from the Small Business Administration (SBA) to chart the allocation of Paycheck Protection Program (PPP) funds.