Businesses hit hard by the coronavirus pandemic can begin applying for another round of financial help starting Monday. 

The next Paycheck Protection Program will allocate $284 billion to help struggling businesses.

Businesses entering the program for the first time can have no more than 500 employees.

The employee limit for second-time borrowers is 300 workers.

There will also be a special focus on low-income and minority-owned businesses during this Paycheck Protection Program.

The deadline to apply is March 31.