Delaware County Chamber of Commerce
  • About Us
    • Our Team
    • Board of Directors
    • Committees >
      • Business Economic & Equity Committee
      • Business Owners Group
      • Government Affairs - Advocacy in Action
      • Veterans & Business
      • YP Committee
    • Facility Rentals
  • Events & News
    • Biz Buzz Blog
    • Chamber Calendar
    • Community Calendar
    • Webinar Archive
    • Nominate
    • Community News
    • Sponsor
    • Host
  • Membership
    • Business Directory
    • JOIN NOW!
    • Why Join?
    • Member Discounts
    • Member to Member Coupons
    • Advertising
    • Send Out a Bid
    • Member Login
    • Testimonials
  • Workforce Development
  • Chamber Foundation
    • History
    • Foundation Board of Directors
    • Get Involved
    • Programs >
      • Leadership Delaware County
      • Magnifying Manufacturing
      • Youth Leadership Academy
  • Local Information
    • COVID-19
    • Advocacy in Action
    • Business Resources
    • County Government
    • Visit Delco, PA
    • Elected Officials
    • Job Bank
    • Shop Delco, PA!
  • About Us
    • Our Team
    • Board of Directors
    • Committees >
      • Business Economic & Equity Committee
      • Business Owners Group
      • Government Affairs - Advocacy in Action
      • Veterans & Business
      • YP Committee
    • Facility Rentals
  • Events & News
    • Biz Buzz Blog
    • Chamber Calendar
    • Community Calendar
    • Webinar Archive
    • Nominate
    • Community News
    • Sponsor
    • Host
  • Membership
    • Business Directory
    • JOIN NOW!
    • Why Join?
    • Member Discounts
    • Member to Member Coupons
    • Advertising
    • Send Out a Bid
    • Member Login
    • Testimonials
  • Workforce Development
  • Chamber Foundation
    • History
    • Foundation Board of Directors
    • Get Involved
    • Programs >
      • Leadership Delaware County
      • Magnifying Manufacturing
      • Youth Leadership Academy
  • Local Information
    • COVID-19
    • Advocacy in Action
    • Business Resources
    • County Government
    • Visit Delco, PA
    • Elected Officials
    • Job Bank
    • Shop Delco, PA!

Biz Buzz
CHAMBER BLOG

PPP Application Extended to May 31, 2021

3/31/2021

1 Comment

 
Picture
The SBA PPP (Paycheck Protection Program) application period has been extended to May 31, 2021.
 
Businesses that have not applied in 2021 for a first draw or second draw (those that took PPP in 2020) will have an extended opportunity to use this program, if desired.  PPP is a loan that can convert to a grant  if certain criteria are met.  PPP can be used for payroll, benefits, mortgage, rent, and utilities.  PPP issues that remain a loan and do not convert to grant in 2021 have a term of 5 years with an interest rate of 1%.  Sole Proprietors, Independent Contractors, and Self-Employed Persons are eligible this round.
 
PPP applications are accepted through financial institutions that are deemed “partners” by the SBA and include banks, credit unions and Community Finance providers such as CDFIs (Community Development Financial Institutions).

More on the program and an SBA financial partner list can be found here.
 
Press Release from the SBA can be found here. 
1 Comment

    Archives

    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    September 2021
    August 2021
    July 2021
    June 2021
    April 2021
    March 2021
    February 2021
    December 2020
    November 2020
    September 2020
    August 2020
    July 2020
    June 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    July 2019
    June 2019
    April 2019
    March 2019
    February 2019
    December 2018
    November 2018
    September 2018
    August 2018

    Categories

    All
    Business Owner
    Chamber Membership
    Coronavirus
    Diversity & Inclusion
    Government Affairs
    IT
    Marketing
    Personal Growth

    RSS Feed

Delaware County Chamber of Commerce.  All Rights Reserved.
1001 Baltimore Pike  |  Suite 9 LL  |  Springfield, PA 19064
Phone: (610) 565-3677 |
info@delcochamber.org | sitemap