PPP Loans Are Still Available, Deadline to Apply is June 30!

Payment Protection Program (PPP) Loans Are Still Available
Deadline to submit applications is June 30!

Valued Member,

The KCK Chamber wants to ensure all of our businesses are supported during the COVID-19 pandemic. Therefore we wanted to inform you that PPP funds through the SBA are still available, but the deadline to submit applications is June 30.

If you are a business that has not yet utilized this loan, we encourage you to apply.

The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll.

SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.

Please refer to the links below for assistance in completing your application:

Search for a community bank
https://www.icba.org/about/find-a-community-bank

Paypal PPP application page
https://www.paypal.com/us/smarthelp/article/how-do-i-apply-for-the-sba-paycheck-protection-program-(ppp)-loan-faq4235

Kabbage PPP application page
https://www.kabbage.com/paycheck-protection-program-loans/

Information from the Treasury Department for PPP borrowers
https://home.treasury.gov/policy-issues/cares/assistance-for-small-businesses

Revised Treasury Department PPP application
https://home.treasury.gov/system/files/136/PPP-Borrower-Application-Form-Revised-June-12-2020.pdf

FAQ page from the Treasury Department
https://home.treasury.gov/system/files/136/Paycheck-Protection-Program-Frequently-Asked-Questions.pdf

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