The U.S. Small Business Administration (SBA) will accept applications for the second round of funding of the Paycheck Protection Program (PPP) from lenders beginning Monday, April 27th at 10:30 am.
It is critically important that small businesses impacted by the COVID-19 pandemic work with their lender to apply for the Paycheck Protection Program as soon as possible.
Businesses can access the SBA’s Find A Lender tool at https://www.sba.gov/paycheckprotection/find. Additionally, using SBA data, the Executive Office of Housing and Economic Development has published this list (https://www.mass.gov/doc/ppp-eligible-lenders-and-first-round-participants-sba-data) of institutions that provided loans to Massachusetts companies in the first round of the Paycheck Protection Program. The list also includes all entities that appeared on the SBA’s approved lenders list, which was last updated on April 13, 2020.
Any small businesses in need of application translation services or other technical assistance should access Massachusetts Growth Capital Corporation’s online resources, including a list of technical assistance providers who can help businesses apply for PPP in languages other than English: https://empoweringsmallbusiness.org/resources/covid-19-small-business-resources