Paycheck Protection Loans (PPP) Extended
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Paycheck Protection Program
An SBA loan that helps businesses keep their workforce employed during the Coronavirus (COVID-19) crisis.
The Paycheck Protection Program (PPP) provides loans to help businesses keep their workforce employed during the Coronavirus (COVID-19) crisis. SBA is currently offering:
- PPP First Draw Loans for first time program participants.
- PPP Second Draw Loans beginning January 13, 2021 for certain businesses who have previously received a PPP loan.
To promote access for smaller lenders and their customers, SBA is currently only accepting loan applications from participating community financial institutions (CFIs). Lender Match can help you find a participating CFI.
SBA also offers additional Coronavirus relief.
Read More: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/pa...