TODAY: PPP re-opens to all lenders

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Pacific Northwest Region - Jan. 19, 2021

u s small business administration
paycheck protection program, PPP

 

Starting Today, PPP Re-Opens to All Lenders Accepting PPP Applications

Eligible small businesses can now submit PPP First and Second Draw applications to any participating PPP lender starting today.

What’s the difference between a First Draw and a Second Draw PPP Loan?

In general, a First Draw PPP loan is for eligible borrowers who did not receive a PPP loan before the program closed in August 2020. A Second Draw PPP loan is for certain eligible borrowers that previously received a PPP loan, generally have 300 employees or less, and have suffered a 25% reduction in gross receipts.

More on PPP options

Find a PPP lender

Info in different languages

 



Other Coronavirus Relief for Small Businesses

eidl

Low-interest Economic Injury Disaster Loans (EIDL) provide working capital to small businesses, non-profits and agricultural businesses impacted by the COVID-19 Pandemic.  

Details to apply now

 

SVOG

The Shuttered Venue Operators Grant (SVOG) program will provide eligible organizations who've had a reduction in revenue due to the COVID-19 pandemic an opportunity to apply for up to a $10 million grant.

Read program details

 

online counseling

Connect with business experts from the SBA Resource Partner Network to create a resiliency plan, advise you on financing options, and provide other assistance and guidance you need to move your business forward.

Find an adviser

 


Information on Additional Resources Forthcoming


Information on other COVID-19 assistance for small businesses -- including Express Bridge Loan, SBA Debt Relief, Targeted EIDL Advance -- is on the SBA website with additional updates coming soon. 

The SBA is committed to ensuring relief programs are launched as quickly as possible to deliver critical economic aid to America’s small businesses.

Read about relief options

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