Immediate Enhancements to the PPP Lending program
Attention self-employed contractors, sole proprietors, businesses and non-profits with less than 20 employees: The Small Business Administration (SBA) has created an exclusive 14-day loan application period for you. The window began February 24, 2021. If you have not applied for the PPP and are still considering it, this is a great time to act. This is your chance to get to the front of the line prior to the program ending March 31. Additional revisions have also been to create additional financial support for you.
Borrowers can apply for the Paycheck Protection Program by downloading the First Draw PPP loan application or Second Draw PPP loan application. Contact your local banker, or reach out to a HBA member financial institution here: https://web.springfieldhba.com/Financial-Title-Services/Banking