Small Business Administration Stimulus Package Application

Here s everything you need to know about how.

Small business administration stimulus package application. Sba provides limited grant funding to eligible community organizations to promote entrepreneurship and certain businesses in specific industries. Small business guidance loan resources. Demand for the popular paycheck protection program ppp has been massive since the application window opened on april 3.

We offer multiple funding options for those seeking relief. Sba is currently accepting paycheck protection program ppp loan applications from participating community financial institutions cfis and lenders with under 1 billion in assets which includes approximately 5 000 institutions including community banks credit unions and farm credit institutions. In march congress passed the 2 trillion dollar coronavirus aid relief and economic security cares act a stimulus package that includes several programs aimed at small businesses impacted by the covid 19 outbreak.

The small business administration under the stimulus package will oversee the paycheck protection program which will distribute 350 billion to small businesses that can be partially forgiven. We re here to help you overcome the challenges created by this health crisis. The government stimulus programs still available to small business owners and the self employed anne sraders 5 15 2020 comparing and contrasting the coronavirus and 1918 flu pandemics through images.

The sba connects entrepreneurs with lenders and funding to help them plan start and grow their business. Signed into law by president trump on friday the package authorizes the small business administration to offer 100 guarantees for up to 349 billion in loans for small businesses that need to.