The Small Business Administration (SBA) has announced a special program to help Small Businesses with short term payroll issues. Please note: this is not a loan for Consumers, it is for Small Businesses only. If you are not a small business owner, Taleris may be able to help you with your short term financial issues. Click HERE to learn more about our Short Term Emergency Loan.
The SBA 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.
Small Business owners can find out more information by clicking HERE. The Paycheck Protection Program will be available through June 30, 2020.
Are you excepting applications for that?
Monika,
We are not approved for this particular loan through the SBA. Please check their site to find local financial institutions that can help you.
We are a nearby small business. We are not pleased with our current lender which is in charge
of our PPP application. If you were to submit our application and we were to get a PPP loan, we would be willing to move all of our accounts to your institution.
Hi Philip,
As much as I’d like to have your business, we are not approved for this particular loan through the SBA. Please check their site to find local financial institutions that can help you. I’ll warn you though, the Fed is far behind in granting these according to recent news reports.