Paycheck Protection Program (PPP)
The Economic Aid Act _ into law on December 27, 2020 includes updated guidance the PPP, authorizing up __ $284 billion toward job _ and certain other expenses __ March 31, 2021, and __ allowing certain existing PPP _ to apply for a _ Draw PPP Loan.
Learn more on the for each type of __ with the following SBA _:
As of May 4, 2021, the SBA has announced _ the PPP funding has _ exhausted. With this news, __ are no longer accepting __.
We are proud to _ helped our customers through PPP application process with first round of funding now have a seamless __ to assist customers through forgiveness phase. You can _ an introduction to our __, additional forgiveness details, requirements a list of helpful _ by following the button .
Loan programs details are __ to change as prescribed __ the US Department of and/or SBA.
Looking for more information?
Refer to the following and information regarding the Act and the Paycheck Program (PPP).
- US Department of Treasury: https://home.treasury.gov/
- US Small Business Administration: https://www.sba.gov
As you will find __ the Treasury’s document, PAYCHECK PROTECTION PROGRAM (PPP) _ SHEET: BORROWERS , you will need __ provide your lender with __ documentation in addition to application.
Additional detail will be and additional information may __ required based on SBA _ regulations for the PPP _ process.
Economic Impact Payments (Stimulus )&_;
Economic Injury Disaster Loan (_)
SBA Debt Relief Program
The SBA Debt Relief __ will provide immediate relief __ small businesses with non-disaster loans to help overcome hardships the COVID-19 Pandemic caused. With this Program, SBA will automatically pay principal, interest, and fees __ current 7(a) and microloans a period of six _. This relief will also __ available to new borrowers take out loans within months of the President __ the bill into law. _ contact your Banker if are a current SBA for more details.
Find a Business Banker
2 After processing your application, __ will notify you of loan decision. If we _ approve your application, you request a statement of reasons why your application denied. Please contact us __, Attn: SBA PPP, 225 _. Main Avenue, Sioux Falls, __ 57110, or at, Email: email@example.com _ 60 days of notification. __ will provide you with _ statement of the specific __ for our action within 30 days after receiving your __.
The Federal Equal Credit _ Act prohibits creditors from _ against credit applicants on basis of race, color, , national origin, sex, marital _, age (provided that the _ has the capacity to into a binding contract); __ all or part of applicant's income derives from public assistance program; or __ the applicant has in _ faith exercised any right the Consumer Credit Protection . The federal agency that _ compliance with this law this creditor is: Bureau __ Consumer Financial Protection, 1700 _ Street NW, Washington, DC 20006.
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