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In a January 8 post, D. Jeffrey Wagner and Scott Sargent of the Baker Donelson firm provide an excellent summary of provisions of "the Consolidated Appropriations Act, 2021 (the "Appropriations Act"), which includes a new round of funding for certain qualifying, existing Paycheck Protection Program (PPP) borrowers, opens the PPP to some previously ineligible entities, authorizes additional business expenditures that are eligible for forgiveness, and makes other changes to the PPP. The changes to the PPP are part of the "Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act" (the "Economic Aid Act") included as part of the Appropriations Act. In addition to the changes made to the PPP through the Economic Aid Act, the Appropriations Act provides other benefits to small businesses. Congress funded the PPP with an additional $284 billion (some of which is from cancellation of unused authority from the first and second round of PPP funding) and extended the PPP until March 31, 2021."