Our team of experienced lenders are hard at work preparing to set our clients up for success through the next round of PPP loans. At this time, the SBA has released interim final rules and guidance for the next round of PPP loans, but there are still many moving parts and changes being made. We will continue to update our clients as new and relevant information is provided to us.
According to current guidelines set in place by the SBA, you should be aware that:
- The application and submission window is open and will remain open until the end of March.
- If you did not receive a first draw loan, the government has opened up the original program so you can apply at this time.
- If you are wanting to apply for the Second Draw PPP, contact us by calling 406-587-5626, and we will make sure to get the application to you.
Please continue to check our website and your inbox as we will send out updated information over the coming days.
You can find the Interim Final Rules for the First Draw Loan here.
The Interim Final Rules for the Second Draw Loan can be found here.