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

Biz Buzz
CHAMBER BLOG

PPP Application Extended to May 31, 2021

3/31/2021

0 Comments

 
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. 
0 Comments



Leave a Reply.

    Archives

    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