PPP funding deadline June 30

The deadline to apply for a loan through the Paycheck Protection Program (PPP) is Tuesday, June 30, 2020. If you are considering applying for PPP assistance for your small business, nonprofit, or agricultural business, we strongly recommend that you contact your bank to see if they are participating or find another participating lender at:

https://www.sba.gov/paycheckprotection/find

For immediate assistance with applying for a PPP loan and finding a lender, please call the SBA Arkansas District Office at 501-324-7379 or by email at Arkansas_DO@sba.gov.

About the Paycheck Protection Program:
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 PPP loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities. (60% must be used for payroll expenses).

Please sign up and encourage your businesses to sign up for direct updates from SBA at SBA Updates.

Find a PPP lender near you at https://www.sba.gov/paycheckprotection/find

• The information contained in this publication does not constitute an official endorsement or approval by the U.S. Small Business Administration.
• All SBA programs and services are extended to the public on a nondiscriminatory basis.