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As was the case after the first round of the Paycheck Protection Program last summer, the state's top recipients so far include restaurants, doctors' and dentists' offices, legal practices, construction companies, car dealers, hotels and religious organizations.
PPP funds were paid to businesses that used the funds to pay retained and previously unemployed workers.
Mississippi plans to tax student debt relief. But Paycheck Protection Program loans are tax exempt. - Mississippi Today.
Corporations, pass-through entities, independent contractors, and self employed individuals are all eligible for a PPP loan.
Could I be ineligible for a PPP loan even if I meet the requirements? obtained a direct or guaranteed loan from SBA or any other Federal agency that is currently delinquent or has defaulted within the last seven years and caused a loss to the government.