CARES ACT
COVID-19 Paycheck Protection Program
We have partnered with Newtek Business Finance Solutions to offer Paycheck Protection Program loans to small business owners.
- Paycheck Protection Program is offering small businesses under 500 employees loan amount calculated at 2.5 times payroll
- Loan can be used for payroll and overhead.
- If compliant, funds can be forgiven by the US government for maintaining a level of business activity & remaining compliant- above applies to Profit and Not for Profit
- Above is subject to change based on SBA guidelines