Deadline for New PPP Loan Applications is August 3rd

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New lending in the Paycheck Protection Program (PPP) is scheduled to end on August 8, 2020. Mountain BizWorks is currently accepting and processing applications on a limited basis for WNC small businesses and nonprofit organizations.

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 loans if all employee retention criteria are met, and the funds are used for eligible expenses. Click here to read more about PPP loan forgiveness.

Applications must be submitted by Monday, August 3, to ensure your request can be processed prior to the approval deadline.

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Interested businesses should contact Michael Lane, Small Business Lender, at [email protected], and organize the following information:

Mountain BizWorks is not the only lender still participating in the PPP. Other lenders include (but, please note, no PPP loans will be approved from any lender by the SBA after August 8):

Other COVID-19 Funding & Support Resources

Rapid Recovery Loans
Funding Help Center
Relief Funding FAQs
Recursos en Español