Paycheck Protection Program Loan (PPP)

The CARES Act includes a Paycheck Protection Program (PPP) which provides $350 billion to help small businesses impacted by the pandemic and economic downturn to make payroll and cover other expenses from February 15, 2020 to June 30, 2020. Who is the lender? A Bank that is already an SBA lender.       When can I apply? April 3, 2020 for small businesses and sole proprietorships.                                         April 10, 2020 for independent contractors and self-employed individuals. Who can apply?     

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