PPP Loans - NOW OPEN!

The Paycheck Protection Program (PPP) provides loans to help businesses keep their workforce employed during the Coronavirus (COVID-19) crisis.  SBA is currently offering:

First Draw PPP Loans for first time program participants.

Second Draw PPP Loans beginning January 13, 2021 for certain businesses who have previously received a PPP loan.  Eligible businesses may apply for a Second Draw PPP loan.

A borrower is generally eligible for a Second Draw PPP Loan if the borrower:

  • Previously received a First Draw PPP Loan and will or has used the full amount only for authorized uses
  • Has no more than 300 employees; and
  • Can demonstrate at least a 25% reduction in gross receipts between comparable quarters in 2019 and 2020

If you meet the eligibility requirements, Click Here to start your application. (Works only with Chrome, Firefox, and Edge)

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