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The SBA Paycheck Protection Program is designed to keep your workers on payroll and your doors open. The program provides access to low interest and partially to fully forgivable loans to small business owners and nonprofit organizations with no personal guarantee or collateral required. Funds may be used to help pay business payroll, utilities, and other operating expenses during the COVID-19 outbreak.
LISC is now accepting PPP loan applications for minority-, women-, and veteran-owned small businesses, as well as nonprofits in our region. At this time we cannot accept applications for organizations engaged in real estate development. To apply, fill out the following survey.
For the most current Paycheck Protection Program updates, please visit the Small Business Administration's website.