Previous Episode: News: 3.31.20

The following information is reproduced from the US Department of the Treasury.

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

Final Borrower Application Form

Lender Electronic Data Form

Paycheck Protection Program – Interim Final Rule

Stay safe out there!