Forgivable Loans to Help Your Business or Nonprofit Weather the Crisis
UPDATE: Congress has passed an extension of the Paycheck Protection Program, allowing the Small Business Administration to accept PPP applications through May 31, 2021 (or until allocated funding is depleted, if earlier). Small businesses and nonprofits who have not yet received a PPP loan may be eligible for relief, and the hardest-hit small businesses and nonprofits may be eligible for a second PPP loan.
If you already have a PPP loan with another lender:
Timing is critical as limited funding has been appropriated for PPP loans. If you received your 1st PPP loan from another lender, we strongly encourage you to contact that lender for your 2nd Draw PPP loan – your existing PPP lender should be able to process your 2nd Draw PPP loan most quickly.
If you do not already have a PPP loan:
As in the previous rounds of PPP, Self-Help is focusing on assisting nonprofits and small businesses run by women and people of color. We're also focusing the program in areas where we have a credit union branch presence, including North Carolina, South Carolina, Florida, California, Chicago, Milwaukee, and eastern Washington. We want you to have the best chance of obtaining a PPP loan, so we suggest you locate PPP lenders through SBA’s website at https://www.sba.gov/funding-programs/loans/lender-match or click the links below to apply through one of the following community development financial institutions:
To be added to our waiting list: We cannot guarantee that we will be able to serve you, but you may fill out this form to provide us with your information. In the event we are able to work with you for a PPP loan, we will contact you.