First-time borrowers
If this is your first time applying for a PPP loan, review important requirements and details.
Who is eligible
Business with up to 500 employees, eligible nonprofits as well as certain individuals who are self-employed or independent contractors who meet program size standards.
Loan use
These funds can be used to meet operating expenses, including payroll and employee retention, rent or lease payments, and utilities.
Loan amount
You may be eligible to receive up to $10 million based on certain criteria.
Rates and payments
Low rates and no payments for at least the first 16 months after loan disbursement.
Second-time borrowers
If you received a PPP loan in 2020, you may be eligible to apply for a second PPP loan.
Who is eligible
Businesses with up to 300 employees, eligible nonprofits as well as certain individuals who meet program size standards.
Loan use
These funds can be used to meet operating expenses, including payroll and employee retention, rent or lease payments, and utilities.
Loan amount
You may be eligible to receive up to $2 million based on certain criteria.
Rates and payments
Low rates and no payments for at least the first 16 months after loan disbursement.
