[OMS_MANAGERS] PPP Loans Open Today!

[STUART Sheri * OPRD]

FYI – forwarding this info from the American Sustainable Business Council


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Apply for PPP Loans Today! <https://default.salsalabs.org/T1473ad93-c03a-4dca-9d75-a479522faebd/c78fb605-ae69-42b8-8caf-52a359e2ec38>

Dear Sheri,

Today the U.S Small Business Administration has launched an online portal for eligible businesses to apply for Paycheck Protection Program (PPP) loans as stipulated on the latest Covid-19 stimulus package.  Applications will initially be reserved for first-time community-based borrowers as an acknowledgement to their financial hardships through this pandemic.
SBA PPP Website Check Here <https://default.salsalabs.org/T79029b39-9af9-49fa-a14a-25ffa5e14ab9/c78fb605-ae69-42b8-8caf-52a359e2ec38>
U.S Treasury Department CARES Act of 2021 Check Here  <https://default.salsalabs.org/T6e8e21c7-6ca1-4c8d-9000-b033c52bfdee/c78fb605-ae69-42b8-8caf-52a359e2ec38>

In an effort to make the process more equitable, the SBA is aiming to prioritize the distribution of the much-needed aid to smaller and financially vulnerable business, including borrowers participating in Community Development Financial Institutions (CDFIs), Minority Depository Institutions (MDIs), Certified Development Companies (CDCs) and Microloan Intermediaries.
SBA PPP User Guide Check Here <https://default.salsalabs.org/T8d1a8f45-264d-4ffc-a243-9367d38b3211/c78fb605-ae69-42b8-8caf-52a359e2ec38>

First-time borrowers are welcome to start submitting applications today, Monday, January 11; while second-time borrowers can start requesting a new loan starting on Wednesday, January 13. According to the latest regulations approved by Congress, Business with fewer than 300 employees and who suffered a decrease in gross receipts of at least 25% in any one quarter of 2020 compared to the same quarter in 2019 are eligible to apply for the PPP loans.
For more Information on Eligibility  <https://default.salsalabs.org/Ta6deffc2-2230-466d-a0f9-d89e1bf70587/c78fb605-ae69-42b8-8caf-52a359e2ec38>
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