Paycheck Protection Program

The Department of Treasury has released the Paycheck Protection Program (PPP) application and supplemental information including their accompanying borrower guide, all available on their website, 
Funds from this program:
  • Can be used for employee salaries under $100,000, paid sick/medical leave, insurance premiums as well as mortgage, rent and utility payments
  • Are generally 100% forgivable if used for the above purposes; and
  • Are available to businesses or 501(c)(3) nonprofits with less than 500 employees including sole-proprietors, independent contractors, and other self-employed individuals.
  • Loan Amounts up to $10 million, Term 2 years, Interest rate 0.50%
  • Loan payments deferred for minimum 6 months and up to 1 year
  • No collateral or personal gurantees
  • Eligible for loan forgiveness
For more information regarding PPP SBA Loans;
If you need help finding selling your business, property or finding a new location for your business, please contact James Han at [email protected] for free consulting.  

Contact Us For Help To Start The Process!

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.