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.

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Paycheck Protection loans can help your business

1% loans may be up to
100% forgivable

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
10 months

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.

PPP Checklist


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


Answers to common questions

What is the Paycheck Protection Program (PPP)?
Who qualifies for an initial PPP loan?
Who qualifies for a second draw PPP loan?
How much can I get?
What are the rules for getting the loan forgiven?
What "payroll costs" are forgivable?
What "non-payroll costs" are forgivable?
Unforgiven loan payments deferred up to 10 months
Once the PPP loan is open, you'll be able to check the status of your application here.
PPP loans are back. Let Fundbox connect you with a lender.