Yes, the Paycheck Protection Program (PPP) is back. If you received a PPP loan last year, you are still eligible for a second round. Businesses who didn’t apply the first time are also eligible. This new round of PPP is open until March 31, 2021, so don’t delay.
To receive PPP, you apply to your bank, a CDFI or other lender. There are lenders in your community available to help you with your application. You can also find participating lenders on SBA’s PPP website, along with important program details.
State Small Business Assistance
The SBA isn’t the only place you can go to receive assistance. Did you know that each state has programs to support small businesses? These programs change from time to time, so if you looked into your state programs back in 2020, you should probably look again.
Don’t know where to get started? Up-to-date information on current resources available is available on our free guide that includes COVID-19 resources for small businesses for every state. Click here to download it now!