What is the Paycheck Protection Program?
As part of the government CARES Act, the Paycheck Protection Program was created to help small businesses navigate COVID-19 by offering forgivable loans. As long as the loan is put only towards eligible payroll and business expenses, it does not need to be repaid.
Get 2.5x your monthly payroll, up to $10 million
Follow rules to get loan forgiveness
Cover paychecks for re-hired employees
Apply now before funds run out.
Applications should be submitted by August 8th, 2020 but, in general, it’s best to apply as soon as possible.