PPP Update: January 22, 2021 Applications to SBA

Our lenders have begun to submit applications to the Small Business Administration. Ongoing meetings and training continues as updates are provided for PPP2.

PPP loans are aimed primarily at keeping employees on the payroll, but funds can also be put toward other authorized expenses. The SBA has expanded the list of eligible expenses to include protective equipment, like plastic shields that stores install to protect employees. Please reference the links to the right for additional information on eligible expenses.