The SBA Payroll Protection Program (PPP) was approved by Congress as part of the recent CARES Act. This program is available to provide employers with loans to assist with payroll, mortgage or lease payments, and other expenses during this difficult time.
Click on the links for the federal PPP application for these loans and a fact sheet from one of our local SBA preferred lender banks that sets forth details for this program. Your bank may be a preferred lender, as well.
These loans are available starting April 3, 2020, and Horenstein Law Group is already assisting a number of clients in submitting their applications. Feel free to contact us today if you have any questions.