News Flash Home
The original item was published from 4/27/2020 12:22:16 PM to 7/2/2020 12:00:05 AM.

News Flash

Economic Development

Posted on: April 27, 2020

[ARCHIVED] Paycheck Protection Program (PPP) for Small Businesses: How to Take Advantage before Funds Run Out

In anticipation of the second round of funding for the Paycheck Protection Program going live on Monday, the Boston Fed has created a web page with resources for New England smaller businesses including nonprofits to aid them in applying to this program. These resources may be helpful to your organization; as well we strongly request that you forward this email to your networks that include smaller businesses/nonprofits as soon as possibleIt is anticipated that the second round of funding will run out quickly and that it is essential that applicants connect with a financial institution able to process their PPP loan immediately.

 The resource page includes:

-          An info sheet describing the program

-          Links to other resources including program information and loan applications in 19 languages

-          A list of technical assistance providers indicating they are able to help small businesses/nonprofits apply for the PPP

-          A list of financial institutions that are able to process PPP loans for non-customers

 You can visit the page here: https://www.bostonfed.org/in-the-region/covid-19-resources/paycheck-protection-program.aspx . The TA providers and FI lists will be updated as new organizations are identified, so please check back regularly in the coming days.

Additional Info...
Facebook Twitter Email

Other News in Economic Development