Paycheck Protection Program: An SBA loan that Helps Businesses Keep their Workforce Employed during the COVID-19 Crisis.
The U.S. Small Business Administration (SBA) has resumed with accepting Paycheck Protection Program applications from
participating lenders as of yesteryday Monday, April 27, 2020
"The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers
on the payroll. SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll,
rent, mortgage interest, or utilities."
For more information on how or who can apply, loan details, lender forms and other assistance please visit the
Paycheck Protection Program page on the SBA website.