Hope you are well and staying safe!

The Treasury and Small Business Administration (SBA) yesterday released the details we have been waiting for regarding the application process for the Paycheck Protection Program. This is the program that offers forgivable loans to small businesses and not-for-profit organizations.

Click here for an overview of the Paycheck Protection Program.

Click here for the link to the application.

You can apply by submitting a completed application to any existing Small Business Administration (SBA) lender or to any participating federally insured depository institution, federally insured credit union or Farm Credit System institution. Other regulated lenders will be available to make these loans once they are approved and enrolled in the program. You should consult with your local lender as to whether they are participating.

Lenders will begin taking applications on April 3, 2020. 

Please let us know if you have any questions, or if we can be of further assistance.

Wishing you good health and peace of mind,  

The Partners and Staff at Mathieson, Moyski, Austin & Co., LLP