San Andreas, CA…Today launches the second round of funding available for small businesses that was passed through legislation on Friday. While glitches or delays are expected, if you were not able to apply for the Economic Injury Disaster Loan or the Paycheck Protection Program prior to them shutting it down, know that you can apply today as of 7:30 am PST. The SBA is still processing applications received prior to the closure of the program, so if you already applied and were waiting, funds should be distributed soon. To apply for the EIDL loan Click Here
It is best to apply for the Paycheck Protection Program through your business lender. But if they are at capacity or not accepting PPP applications, you can also look into these lenders:
Square https://squareup.com/us/en/l/sba-ppp-loans
Intuit https://quickbooks.intuit.com/small-business/coronavirus/paycheck-protection-program/
Paypal https://www.paypal.com/us/smarthelp/article/how-do-i-apply-for-the-paycheck-protection-program-(ppp)-loan-faq4235
Lendistry.com https://lendistry.com/sba-paycheck-protection-program-loan/
Fundingcircle.com https://www.fundingcircle.com/us/paycheck-app-start/
United Busines Bank
https://www.unitedbusinessbank.com/loans-credit/business-loans/paycheck-protection-program.html
Radius Bank https://radiusbank.com/business/sba-loans/paycheck-protection-program/
Ameris Bank https://www.amerisbank.com/sbarelief
BBVA Compass
https://www.bbvausa.com/special/covid19-small-business.html
US Bank https://www.usbank.com/business-banking/business-lending/sba-loans/paycheck-protection-program.html
Ready Capital https://ppp.readycapital.com/
Join us at 11:30 am TODAY for a Facebook Live with Nate McBride from the SBDC to highlight some of the updates with the reopening of the EIDL & PPP programs. You can find it on our Facebook Page @Calaveras Chamber or watch in tomorrow’s email.