Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues Act is the official name of the latest round of federal assistance for small business. This program provides new funding for the Paycheck Protection Program (PPP) loans which is a forgivable loan if conditions are met.
Applications begin the week of January 11, 2021 with the application window open through March 31, 2021. Businesses that did not receive an earlier PPP loan may apply beginning Monday, January 10. On Wednesday, January 12, 2021 businesses that received earlier PPP may be eligible to apply for a second round
Contact your lender to make application.
CLIDK HERE for overview of first draw PPP loan information
CLICK HERE to download an application for first draw loans
CLIDK HERE for overview of second draw PPP loan information
CLICK HERE to download an application for second draw loans
CLICK HERE for full program details