Please read the important CAR update on the Paycheck Protection Program (PPP). As a reminder, please register in advance for MCAR's Property Management webinar.
Paycheck Protection Program (PPP)
reopened to first-time applications on Monday,
but only for businesses applying at community financial institutions. Applicants who have already received a PPP loan will be able to apply at community financial institutions for a second-draw loan beginning today. The SBA has not yet announced when applications will open for businesses applying for PPP loans through other lenders. Additionally,
today is the last day to apply for a
California Small Business Relief Grant
during the initial application window.
The program will have a second window for applications, but the dates for that window have not been announced. For more information about both of these programs,
FAQ on Small Business Administration Loans for Agents
FAQ on Small Business Administration Loans for Brokers
Monterey County Association of REALTORS®
201-A Calle Del Oaks Place
Del Rey Oaks, CA 93940