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The Small Business Administration (SBA) is no longer accepting Paycheck Protection Program (PPP) loan applications. If you received your PPP loan through Citi, we continue to accept loan forgiveness applications for PPP loans originated in 2020 and 2021. Please check your email for updates from Citi on the PPP loan forgiveness process. For the ...
- Paycheck Protection Program - Important Information for Small ...
The products, account packages, promotional offers and...
- CARES ACT PAYCHECK PROTECTION PROGRAM - Citi.com
What is the purpose of the Paycheck Protection Program in...
- Paycheck Protection Program - Important Information for Small ...
The products, account packages, promotional offers and services described in this website may not apply to customers of International Personal Bank U.S. in the Citigold ® Private Client International, Citigold ® International, Citi International Personal, Citi Global Executive Preferred, and Citi Global Executive Account Packages.
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What is the purpose of the Paycheck Protection Program in the CARES Act? The recently enacted CARES Act establishes a new Paycheck Protection Program, a federally-guaranteed, low-interest loan program intended to help small businesses keep their employees working. Small businesses, non-profits and sole proprietorships may be eligible for
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The CARES Act establishes a new Paycheck Protection Program (PPP), a federally-guaranteed, low-interest loan program intended to help small businesses keep their employees working. Most small businesses, non-profits, and sole proprietorships may be eligible for these low-interest loans, which provide for an extensive loan deferment payments and ...
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Jul 28, 2021 · Paycheck Protection Program Summary. Overall, the SBA and lenders have worked to originate over 11.7 million loans totaling nearly $800 billion in relief to over 8.5 million small businesses. In 2021: SBA approved over 6.5M loans totaling over $275B; The average loan size was ~$42 thousand (compared to $101 thousand in 2020)
Helping Small Businesses Navigate the PPP Application and Loan Forgiveness Process. February 23, 2021. Kathryn Chase, Head of US Retail Business Banking. With the reopening of the Small Business Administration's Paycheck Protection Program this year, we are once again working to help provide much needed funding for the backbone of our economy.
Apr 11, 2020 · It wasn't until Thursday that Citi announced it would begin offering applications for the federal Paycheck Protection Program — the $350 billion government loan program to help small businesses ...
