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New updates to the Small Business Administration’s PPP and signature 7(a) loan program may impact existing and new borrowers.  (Photo: Ryan Rodrick Beiler/Shutterstock; Castleski/Shutterstock; tankist276/Shutterstock)

There are 5,593 pages in the new COVID-19 economic relief bill. For a busy professional, sifting through it may seem like an incredibly daunting task.

Having helped 1,300-plus small businesses secure more than $150 million in Paycheck Protection Program loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, I can share some answers to common questions our borrowers have asked now that the bill has been signed into law.

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