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  1. The PPP is a loan program that helps businesses keep their employees on payroll during the COVID-19 crisis. The PPP ended on May 31, 2021, but borrowers may be eligible for loan forgiveness.

  2. Learn about the Paycheck Protection Program, a federal initiative to help small businesses and nonprofits cope with the COVID-19 crisis. Find out how to apply, get loan forgiveness, and access guidance and resources.

  3. Learn how to apply for Paycheck Protection Program (PPP) loan forgiveness through SBA's direct portal or your lender. Find out the eligibility requirements, documentation, deadlines, and resources for PPP loan forgiveness.

  4. BORROWERS. The Paycheck Protection Program (“PPP”) authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. All loan terms will be the same for everyone. The loan amounts will be forgiven as long as: The loan proceeds are used to cover payroll costs, and most mortgage interest ...

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  5. The Small Business Administration (SBA), in consultation with the Department of the Treasury, intends to provide timely additional guidance to address borrower and lender questions concerning the implementation of the Paycheck Protection Program (PPP), including both First Draw PPP Loans and Second Draw PPP Loans.

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  6. May 27, 2021 · Learn how to apply for a new PPP loan before the May 31 deadline. Find out who is eligible, how much you can borrow, how to use the funds and what rates and terms apply.

  7. Find out how to participate in the Paycheck Protection Program (PPP) as a lender. Get the latest updates, rules, guidance, and resources from SBA on PPP loans, forgiveness, and eligibility.

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