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We're Partnered with:
To assist the SBA in submitting the
SBA Payroll Protection Program applications in a timely manner.
We’re excited to introduce our new online portal to easily apply for your PPP loan.
SBA Payroll Protection Program
PPP allows for FULL FORGIVENESS when at least 60% of the PPP funds go toward eligible PAYROLL COSTS, and the remaining 40% must go toward:
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Rent/Mortgage interest
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Utilities
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Operating Expenses
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Uninsured Property Damage (Caused by looting & Vandalism)
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Supplier Costs
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Employee Wages
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Worker Protection Costs related to Covid-19
You’ll have two years to repay your PPP loan at 1%, if you spend part or all of your PPP funds on non-forgivable expenses.
Businesses can receive
as much as
2.5x
Your monthly Payroll
or
3.5x
Your monthly Payroll
For Businesses in the hospitality industry
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