Paycheck Protection Program (PPP) Guidance

The Paycheck Protection Program is a loan program run by the United States Small Business Administration (SBA) that helps businesses keep their workforce employed during the COVID-19 crisis. Please note that this information is subject to change so check the SBA’s website for additional information.

The PPP is a forgivable business loan, meaning you may not need to pay it back. The first round of funding ran out fast, and many businesses who were not prepared ahead of time were unable to successfully apply for funding. The PPP is offered by SBA-approved lenders who each have their own application process. (Source: NYC Business)

If you are having difficulty applying for a loan through your own bank, we are here to help provide additional guidance. Please reach out at info@feedthefrontlinesnyc.org