Paycheck Protection Program Loan
The Coronavirus Aid, Relief and Economic Security Act (CARES Act) was enacted to provide some much-needed relief for both small business owners and their employees who have been negatively impacted by our current situation. A large component of this package is the Paycheck Protection Program (PPP), which provides federally guaranteed loans* for small businesses. Businesses can use these funds to help cover payroll, health insurance premiums, mortgage payments, commercial rent, and more.
*All loans subject to approval.