Paycheck Protection Program – Applications Closing Soon – Apply Now!
The Small Business Administration (SBA) is currently offering Paycheck Protection Program (PPP) loans through March 31st but, that is the final SBA deadline, and individual lender deadlines are earlier – some deadlines are as early as today!
The lender that you work with to get a PPP loan must first process your application and come to an internal approval decision before passing your application along to the SBA for their final approval. Therefore, despite the SBA deadline being 3/31, many PPP applications are already starting to close.
If you have not yet applied and think you are eligible for a First or Second Draw PPP loan do so as soon as possible! Eligibility details can be found on the SBA’s PPP site here but remember you must apply through a lender, not the SBA directly. If you need assistance connections to a lender of or have further questions please contact Natalie Vichnevsky.