Aug 01, 2020

Small Business Administration provides information on PPP Loans

Posted Aug 01, 2020 1:59 PM

There are still plenty of funds available for PPP Loans that can be fully forgiven if borrowers use at least 60% or more of the loan on payroll costs within the 24 week period after you receive the funds in your account. 

This coming Saturday, August 8, is the last day PPP loan applications submitted by lenders will be authorized by the SBA. 

Contact your lender to apply as soon possible to ensure your application is approved before the August 8th deadline. Need to find a PPP lender? Click this website and type in your zip code: https://www.sba.gov/paycheckprotection/find

Curious about the details? Check-out the recent webinar on PPP Loan Forgiveness and EIDL Update that was recorded on July 28th: https://www.kansassbdc.net/ksbdc-webinars-vimeo