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SBA Paycheck Protection Program

Learn More About SBA PPP Loans

The SBA has extended the deadline for new applications from 3/31/21 to 6/30/21. If you are participating in PPP for the first time, please click "PPP First Draw" below. If you received a previous PPP loan and are seeking to participate in the second round of PPP loans, please click "PPP Second Draw" below. Recipients of all PPP loans may be eligible for loan forgiveness.

PPP First Draw PPP Second Draw

The Paycheck Protection Program is designed to provide a direct incentive for small businesses to keep their workers on payroll by providing each small business a loan up to $10 million for payroll and certain other expenses.  If all employees are kept on payroll for eight weeks, SBA will forgive the portion of the loans used for payroll, rent, mortgage interest, or utilities. Up to 100 percent of the loan is forgivable.

Businesses – including eligible non-profits, Veterans organizations, Tribal concerns, sole proprietorships, self-employed individuals, and independent contractors described in the Small Business Act – with 500 or fewer employees may apply. Businesses in certain industries may have more than 500 employees if they meet the SBA’s size standards for those industries.

For further information on the SBA Program: