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Lenders Application Paycheck Protection Program Loan  Form

Lenders Application Paycheck Protection Program Loan Form

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Instructions and help about Lenders Application Paycheck Protection Program Loan

hi everyone thanks for joining us today my name is Seth Nelson I manage partner strategy and operations here at Fund era with a particular focus on government guaranteed programs including the SBA so the SBA's paycheck protection program was passed into law as part of the cares Act which was signed on March 27th 2020 this program has been authorized up to 349 billion to provide loans to small businesses across the u.s. and it's actually a forgivable loan program which is meant to keep small business owners and their employees working for an eight week period from the time of which you receive the loan so during this time we're going to talk about what the PPP program is and how you can go about applying for a PPP loan directly through fund era and you will be considered for the loan through one of the PPP lenders on our platform just a disclaimer that this information is current as of today April sixth 2020 this program is evolving as various PPP lenders work wi

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