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04/21/2020
Paycheck Protection Program Receives Additional Funding
The Paycheck Protection Program loans were designed to provide a direct incentive for small businesses to keep their workers on the payroll and may be forgiven if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.
A new funding deal has been reached that will replenish the program.. If you did not receive funding the first round, make sure to verify with your lending institution that your application is still active. If you missed your chance to apply the first time around, make sure to get your application ready for this second round of funding.
We will update our resource page once we have more information.
