Paycheck Protection Program
People Trust is now a Certified SBA Paycheck Protection Program Lender. The Paycheck Protection Program (PPP) provides loans to help businesses keep their workforce employed during the Coronavirus (COVID-19) crisis.
The U.S. government stimulus package passed on Dec. 27 includes new funding for the Paycheck Protection Program (PPP) with the goal of helping smaller businesses that have been harder hit by COVID related closures and restrictions. The legislation creates a second PPP loan option, includes changes that will impact current and future forgiveness for certain borrowers, and amends provisions for some PPP loans that borrowers already have received.
Click on the PPP Inquiry button below to submit your email address to receive a link to the application once it becomes available.