Find Your Way to SBA Financing

Apr 3, 2020

By Thomas A. Lerner | Related Practices: Business and Financial Services

If you are preparing to seek a Paycheck Protection Program loan, here is the application that you will need to complete and submit to your SBA approved lender.

https://www.sba.gov/sites/default/files/2020-04/PPP%20Borrower%20Application%20Form.pdf

It is likely that the bank with whom your business has a relationship provides SBA financing. These are 2 year loans with 1% interest, 6 months deferred payments, no collateral or personal guaranty requirements, and may be entirely forgiven based on employee retention or rehiring.

Other smaller and more immediate loan programs are also available. For more information and applications, go to this SBA page:

https://www.sba.gov/funding-programs/loans/coronavirus-relief-options