The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $349 billion toward job retention and certain other expenses.
Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are self-employed or are independent contractors, are eligible if they also meet program size standards.
Below are documents critical for small companies that may be applying for the CARES Act Paycheck Protection Program (PPP) loan:
Note: The final rules are interim, with a 30-day comment period required before publication in the federal register. Please contact your primary bank to see if additional information is required to process your request.