Paycheck Protection Program Loans
Keep your workforce employed during the COVID-19 crisis.
The Small Business Administration has created the Paycheck Protection Loan program to provide a direct incentive for businesses to keep their employees on the payroll. SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.
A survey of Nashua businesses revealed that only 25 percent had success in getting funded during the first round of stimulus funding.
100 percent of our clients that applied for a Payroll Protection Loan got approved through at least six different banks.
Additional funds from an interim stimulus package are expected to be announced on Monday, April 27th. We invite small businesses to take advantage of our FREE ASSISTANCE in applyin gfor the second round of stimulus money.
Contact us today for details.