July 1,2020
Coronavirus Aid, Relief, and Economic Security Act (CARES):
Paycheck Protection Program (PPP)
PPP loans are forgivable loans to help small businesses keep their workers employed during this pandemic and associated economic downturn. The PPP provides 100% federally guaranteed loans to eligible small businesses with less than 500 employees who maintain their payrolls during this emergency.
PPP Loan Forgiveness:
We will begin to accept forgiveness requests when we get additional guidance from the SBA. We are putting together information to help you prepare for forgiveness. Be sure to check back with us soon as we will be providing updates to this page.
Resources: