After months of waiting for much-needed relief, small businesses are finally getting renewed support from the federal government. A new round of stimulus relief will reopen and strengthen the Paycheck Protection Program (PPP) for first-time and second-time borrowers. The PPP provides loans to help businesses keep their workforce employed during the Coronavirus (COVID-19) crisis.
To promote access for smaller lenders and their customers, SBA is currently only accepting loan applications from participating community financial institutions (CFIs). Lender Match
can help you find a participating CFI. SBA also offers additional Coronavirus relief
Since many lenders have their own application, which include the updated questions required by the SBA, be ready to submit by utilizing the application forms below to take to an eligible lender.