Rep. Loudermilk Business Brief: Find an Eligible Lender
Washington,
April 8, 2020
The Small Business Administration’s “find an eligible lender” tool is now available.
Dear Small Business Owner, The Small Business Administration’s “find an eligible lender” tool is now available. This is a database of lenders approved to make the Paycheck Protection Program (PPP) loans, and business owners can search by zip code.
Below are the guidance and applications forms for the Paycheck Protection Program (PPP) from the Small Business Administration. SBA Guidance SBA Lender Application Form SBA Borrower Application Form If you have further questions about the PPP, check out the U.S. Department of Treasury’s recently updated Frequently Asked Questions (FAQ) document HERE. The Paycheck Protection Program was created under the CARES Act stimulus package passed by Congress. This $350 billion program is designed to provide cash-flow to small businesses impacted by the current COVID-19 health crisis. Sincerely, Barry Loudermilk Member of Congress |