Act now: New program with $350 billion available on first-come, first-served basis
Applications open Friday, April 3
WHAT IS IT?
New, U.S. Small Business Administration Paycheck Protection Program
Two-year loans at 0.5% interest that you may not have to pay back
Businesses and nonprofits with 500 or fewer employees
HOW DO YOU GET IT?
Ask your business’s bank if they offer the federal SBA Paycheck Protection Program
If your bank offers the program: They will walk you through the application process
If your bank does not offer the program: Visit this with a list of traditional SBA banks: Bit.ly/sbabankers
WANT MORE INFO OR ADVICE?
Visit the federal government’s information page on the program: Bit.ly/PPPfederal
There are Small Business Centers to help you at http://www.nyssbdc.org/
Paycheck Protection Program Outreach Information Translations