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Small Business Administration (SBA) Paycheck Protection Program (PPP)

Businesses are vital to our local economy, and our goal is to help you through this challenging time. To that end, be sure to review the following important information.

Recently, the federal government approved an economic disaster relief program that will provide $350 billion in loans to small businesses via the Small Business Administration (SBA). The program will provide low-interest loans to cover payroll costs, rent, utilities, and mortgage interest payments. As a certified SBA lender, we’re ready to help.

Based on currently available information, program eligibility includes businesses, nonprofit and veterans’ organizations, some self-employed independent contractors and sole proprietors, and tribal businesses with up to 500 employees.

See other details for the program including links to download forms, checklists and calculators here.

Get started here by completing the PPP Application and the CBC PPP Required Calculation Docs.