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The Paycheck Protection Program (PPP) was a loan program that helped businesses keep their employees during the COVID-19 crisis. It ended on May 31, 2021, but borrowers may be eligible for loan forgiveness.
- PPP Loan Forgiveness
PPP loan forgiveness | U.S. Small Business Administration....
- First Draw PPP Loan
PPP is a loan designed to provide a direct incentive for...
- Get Help With a PPP Loan
SBA has 68 District Offices around the country that provide...
- PPP Lender Information
On February 22, 2021, President Biden announced the...
- PPP Data
Loans. Make a payment to SBA; 7(a) loans; 504 loans;...
- PPP Loan Forgiveness
Jul 7, 2020 · The Paycheck Protection Program (PPP) is a federal initiative to provide low-interest loans to businesses and nonprofits affected by the coronavirus pandemic. Search more than 11 million PPP loans by organization, lender, zip code and business type. See the state-by-state distribution of loans by amount, forgiveness rate and number of loans.
StateTotal$150k Or Less$150k - $350kState AlabamaTotal 169,558$150k or less 158,646$150k - $350k 6,558State AlaskaTotal 23,693$150k or less 21,031$150k - $350k 1,620State American SamoaTotal 314$150k or less 294$150k - $350k 15State ArizonaTotal 169,243$150k or less 153,451$150k - $350k 9,409The Paycheck Protection Program is a federal initiative that provides small businesses with funds to pay payroll, rent, and utilities. It prioritizes millions of Americans who are employed by small businesses and offers loan forgiveness for eligible expenses. Find eligibility criteria, loan amounts, guidance, and resources for borrowers and lenders.
The Paycheck Protection Program ( PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self-employed workers, sole proprietors, certain nonprofit organizations ...
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, rent ...
Aug 8, 2023 · PPP was a U.S. loan program to help small businesses affected by the COVID pandemic pay wages and expenses. The third round of PPP funding expired on May 31, 2021, after three rounds of $284 billion in total. Learn about the eligibility, terms, and changes of the PPP program.
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