PPP Loan Assistance:

We're committed to helping small businesses navigate the SBA disaster loans being made available in response to the COVID-19 crisis. Resources for PPP Loan Questions can be found here. Click to learn more »

The Paycheck Protection Program (PPP), part of the new CARES stimulus package, is a federal loan program aimed at helping small businesses who have been severely impacted by Coronavirus maintain their workforce.  This Paycheck Protection Program provides some critical benefits to keep your business open (see Loan Program Options below for full details):

 To Apply Download the PPP Borrower Application Form-SBA.pdf

Forgiveness Application Process   Loan Forgiveness Checklist

Review the  PPP Interim Final Guidance-SBA

                   SBA-Treasury PPP FAQ’s

                    https://home.treasury.gov/

SBA-Treasury Release PPP Forgiveness Application

Please complete the Borrower Application.  Upload the Borrower Application and 12 months of Payroll Statements as well as any other Supporting Documents that may be required to the secure link here.  Securely Upload Files Here

Contact [email protected] with any questions or concerns.

Loan Program Options

Paycheck Protection Program (PPP)

Uses

Payroll
Employee Salaries
Mortgage Interest
Rent and Utilities
Interest on debt incurred before 2.15.20

Amount

2.5 times the business’s average monthly payroll

Rate

1% fixed annual percentage rate

Terms

No payments for the first 6 months,
and a total 2-year term

Forgiveness

Up to 100% with approval

Economic Injury Disaster Loan (EIDL)

Uses

Payroll
Fixed Debts
Accounts Payable
Other expenses that can’t be paid because of the disaster’s impact

Amount

Up to $2 million

Rate

3.75% annual percentage rate

Terms

Up to 30 years

Forgiveness

Emergency grants available up to $10k

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