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How to Get Your PPP Loan Forgiven?

An SBA loan that helps businesses keep their workforce employed during the Coronavirus (COVID-19) crisis.


The 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.

You can apply through any existing SBA 7(a) lender or through any federally insured depository institution, federally insured credit union, and Farm Credit System institution that is participating.

您可以通過任何現有的SBA 7(a)貸方或通過任何參與聯邦參保的存款機構,聯邦參保信用社和農場信用體系機構進行申請。

Other regulated lenders will be available to make these loans once they are approved and enrolled in the program. You should consult with your local lender as to whether it is participating in the program.

一旦這些貸款獲得批准並加入該計劃,其他受監管的貸款人將可以提供這些貸款。 您應諮詢當地的貸方是否參與該計劃。

Lenders may begin processing loan applications as soon as April 3, 2020. The Paycheck Protection Program will be available through June 30, 2020.



If you have more question about insurance, feel free to contact us!

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