New Grant Release

Grant:	Paycheck Protection Grant
Available Amount:	Average loan size of $100,729; eligible borrowers qualify for full loan forgiveness.
Deadline:	March 31, 2021
Description:	The Paycheck Protection Program (PPP) provides loans to help businesses keep their workforce employed during the COVID-19 crisis. SBA is currently offering: First Draw PPP Loans for first time program participants; and Second Draw PPP Loans for certain businesses who have previously received a PPP loan.

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What You

Need to Know

Grant Name:

Paycheck Protection Grant

Deadline:

March 31, 2021

Available Amount:

Average loan size of $100,729; eligible borrowers qualify for full loan forgiveness.

Number Of Awards:

Not specified

Link To RFP:

Go To RFP Link

Funding Uses:

The Paycheck Protection Program (PPP) provides loans to help businesses keep their workforce employed during the COVID-19 crisis. SBA is currently offering: First Draw PPP Loans for first time program participants; and Second Draw PPP Loans for certain businesses who have previously received a PPP loan.

Eligibility Requirements:

Sole proprietors, independent contractors, and self-employed persons; businesses; and nonprofit organizations.

Funder Match Requirement:

Not required

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