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Your Step-By-Step Guide To Applying For A PPP Loan. ATTENTION! The paycheck protection program (PPP) loan application period ended on May 31, 2021. If your business received a PPP loan and you’re seeking information on loan forgiveness, visit Lendio’s PPP Loan Forgiveness page.
The CRRSAA approved additional funding for loans while adjusting criteria for eligibility based on first-time and second-time loans. PPP loans are backed by the SBA but issued by approved private lenders and credit unions. The PPP stopped taking loan applications on May 31, 2021.
Apr 6, 2021 · If you’re considering applying for a PPP loan, we strongly encourage you to do so sooner rather than later. There is no guarantee that funds will remain available through May 31, 2021, or that there will be another round of PPP loans. Apply for your PPP loan now through Lendio’s online application.
Simplified Forgiveness for Smaller Loans. Borrowers that received PPP loans of $150,000 or less used a streamlined forgiveness application and automatic forgiveness. Borrowers submitted a one-page certification listing: Number of employees they were able to retain because of the loan; Estimated amount spent on payroll costs; Total loan value
Apr 13, 2020 · Lendio’s online PPP loan application will only take you 15 minutes to complete. After you submit the online application, the software will immediately connect you with several approved SBA 7 (a) lenders. The quickness of an online PPP loan application through a lending marketplace will save you hours of work.
Dec 29, 2020 · Lehi, Utah, Dec. 29, 2020 (GLOBE NEWSWIRE) -- Lendio, the nation’s leading small business loan marketplace, today announced it has relaunched its streamlined online application for small...
Lendio makes the business financing process simple and easy. Find the right lender to meet your small business’s needs with our online business loan application. See if your business is eligible for financing.
