Small Business Administration Resources
SBA Coronavirus (COVID-19): Small Business Guidance & Loan Resources
U.S. Department of the Treasury Resources
How the Treasury Department is Taking Action
Assistance for Small Businesses
The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $349 billion toward job retention and certain other expenses.
Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are self-employed or are independent contractors, are eligible if they also meet program size standards.
- For a top-line overview of the program CLICK HERE
- If you’re a lender, more information can be found HERE
- If you’re a borrower, more information can be found HERE
- Borrower Application Form (Updated 4/2/20)
- Lender Application Form
- New Lender Application Form (Federally Insured Depository Institutions, Federally Insured Credit Unions, Farm Credit System Institutions)
- Interim Final Rule
- Interim Final Rule on Affiliation
- Applicable Affiliation Rules
- Frequently Asked Questions
- Find an Eligible Lender
U.S. Chamber Guide to PPP Loan Forgiveness. This guide reflects recent substantive changes made by Congress and the administration to the PPP program to provide borrowers with more flexibility. These changes include:
- Extending the time to spend PPP funds from 8 weeks to 24 weeks;
- Lowering the amount that must be spent on payroll from 75% to 60%;
- Extending the deadline to restore FTEs and payroll from June 30, 2020 to Dec. 31, 2020; and
Setting the repayment term for loans made after June 4, 2020 at five years.