What is the Paycheck Protection Program (PPP)?
The Paycheck Protection Program is a loan program that originated from the CARES act. If your business was operating on 2/15/2020, has less than 500 employees (or fewer than 1,500 employees for select types of businesses—details available here), and has been affected by COVID-19—you may be eligible.
If your current lender is not a bank
You can work with a non-bank firm that you may already have a pre-existing relationship with, including Kabbage.
Kabbage offers fast, easy loans for small businesses. Kabbage is a financial technology and data company pioneering a new, automated way for small businesses to access working capital. The company simplifies the manual application process to one that is 100% online and automated.
PayPal is providing a program to help their merchants during these challenging times. Learn more.