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The original item was published from 4/6/2021 2:11:58 PM to 6/1/2021 12:00:02 AM.
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Posted on: April 6, 2021[ARCHIVED] Thru May 31 - SBA Extended Paycheck Protection Program
Paycheck Protection Program
An SBA-backed loan that helps businesses keep their workforce employed during the COVID-19 crisis.
The Paycheck Protection Program (PPP) is a loan designed to provide a direct incentive for small businesses to keep their workers on payroll. Borrowers may be eligible for PPP loan forgiveness.
SBA is currently offering PPP loans until May 31, 2021. President Biden announced program changes to make access to PPP loans more equitable.
1. Find a lender:
2. Identify a loan:
- First Draw PPP loans: If you have not received a PPP loan before, First Draw PPP loans are available to you.
- Second Draw PPP loans: If you have previously received a PPP loan, certain businesses are eligible for a Second Draw PPP loan.
SBA also offers additional COVID-19 relief options.
If you have not received a Paycheck Protection Program (PPP) loan before, First Draw PPP loans may be available to you.
If you have previously received a Paycheck Protection Program (PPP) loan, certain businesses are eligible for a Second Draw PPP loan.
Borrowers may be eligible for Paycheck Protection Program (PPP) loan forgiveness.
Information and resources for lenders participating in the Paycheck Protection Program (PPP).
Find data and reports related to the Paycheck Protection Program (PPP).
SBA offers free counseling and training events to help you with the Paycheck Protection Program (PPP).
Register here