Apply for a Paycheck Protection Program (PPP) Loan

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Apply for a Paycheck Protection Program (PPP) Loan

A new round of funding for the Paycheck Protection Program (PPP), administered by the SBA, continues the availability of much-needed financial support for eligible small businesses to help keep employees and stay open safely during the COVID-19 pandemic.

HOW DOES IT WORK?

Our streamlined PPP Loan application can help you fill out your application, upload required documents, and submit them to the bank quickly.*

SmartBiz can help you apply for these funds. We have specialized in SBA loans since 2013 and our network of banks has funded nearly $4 billion in SBA, PPP, and bank term loans.

WHAT DO I NEED TO KNOW?

Whether this is your first or second PPP loan, SmartBiz can help! Businesses with less than 500 employees that are negatively impacted by the pandemic can apply for their first PPP loan.

Previous PPP loan recipients with less than 300 employees can also qualify if they have experienced more than a 25% drop in revenue quarter over quarter from the previous year.

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Loans available up to $2,000,000

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1.00% interest rate and no payments for the first 10 months

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No collateral or guarantee required

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100% federally guaranteed funds

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PPP loan proceeds can be used for costs related to payroll, rent or lease, mortgage interest payments, utility services, operational expenses, property damage, supplier costs, and worker protection expenses

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