The U.S. Treasury Department released the Paycheck Protection Program application that allows eligible small businesses and nonprofits to apply for loans of up to $10 million each to recover from the impact of the COVID-19 pandemic.
The new application can be found here.
Banks and credit unions will begin to accept these applications beginning on Friday, April 3, 2020. Grassi’s Emergency Loan Consulting team is available to help you navigate the application process and position your business for maximum loan forgiveness.
Please contact your Grassi advisor or our Crisis Response & Recovery hotline at 212.223.6216 or email@example.com to be connected with an experienced emergency loan consultant.
Categories: Advisory, Crisis Response & Recovery