The US Small Business Administration Paycheck Protection Program (PPP) is currently not accepting new applications. It is anticipated the Federal Government will reopen the PPP, including the possibility of a second loan for eligible small businesses, any day.
Eastern Union, which facilitated thousands of loans in the first round, is ready to assist for the opening of round two.
“You can apply for the SBA-PPP loan at any bank,” Eastern Union said. “Eastern Union, however, is a Preferred Broker. There is no cost whatsoever to have Eastern Union represent you. We will tap into our powerful annual $5 Billion network of banking resources to cut through the red tape and make your loan approval process faster and simpler.”
UPDATE: President Trump late Sunday night signed the Coronavirus Stimulus Package. The PPP loans are expected to become available within 10 days.
Register here, and you will be immediately alerted when the program reopens.