PPP LOAN PROGAM UPDATE

Following the recent development, the SBA has restricted access to PPP funds to all except participating community financial institutions including Certified Development Companies (CDCs), SBA Microlenders, Community Development Financial Institutions (CDFIs), and Minority Depository Institutions (MDIs) until May 31, 2021 or until remaining funds are exhausted.

Whilst we continue to work tirelessly to help small businesses and professionals gain access to critical covid-relief funding, we strongly advise businesses who still want to apply for a PPP loan to do so through one of the few institutions that are currently allowed to process PPP applications.

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Approval Rate of PPP Loans

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Closed Loans

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PPP Loans Funded