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Jan 13 2021

PAYCHECK PROTECTION PROGRAM IS OPEN!


u s small business administration
paycheck protection program, PPP

PPP Re-Opens to First Time Borrowers AND Second Draw Applications are Accepted Now!


 

Paycheck Protection Program (PPP) Policy Update 

The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, re-opened the Paycheck Protection Program loan portal. The PPP loan portal system will initially accept First Draw PPP loan applications from participating Community Development Financial Institutions (CDFIs), Minority Depository Institutions (MDIs), Certified Development Companies (CDCs), and Microloan Intermediaries. Second Draw PPP loan applications will be accepted starting on Wednesday, January 13. PPP will open to all participating lenders shortly thereafter. 

 

Updated First Draw Forms

Second Draw Forms

Guidance & Resources

 

For more information and updates, visit SBA.gov/PPP or Treasury.gov/CARES