FROM THE WHITE HOUSE THIS AFTERNOON:
ASSISTANCE FOR SMALL BUSINESSES
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.
In the case of engineering firms, firms with fewer than 500 employees would qualify.
- For a top-line overview of the program CLICK HERE
- Lender information can be found HERE
- Borrower information can be found HERE
- The application for borrowers can be found HERE