PPP Loans are Coming Back
The Paycheck Protection Program has received additional funding and we expect applications to open soon. We can connect you with a simple process to help you apply once applications reopen. Sign up for alerts so you can get an early start.Get Started
Paycheck Protection loans can help your business
1% loans may be up to
Loans forgiven if used for eligible payroll, utilities, rent, mortgage interest, and some operation expenses. Any amount not forgiven will have a 1% interest rate.
Based on 2019 or 2020
payroll (or profit)
Loans up to $2 million, with max amount based on average monthly payroll (or net revenue if a sole proprietor) for 2.5 months (3.5 months for food/hotel industry).
Payments deferred up to
The PPP Flexibility Act defers borrower payments on all PPP loans up to 10 months after the end of the borrower’s loan forgiveness covered period.
Coming soon: See a list of documents you'll need to apply
Once the SBA and lenders have finalized guidance, we'll provide a checklist of everything you'll need to complete the Payroll Protection Program application.Read more