Forgivable Loans for Nonprofits | Coronavirus Stimulus Paycheck Protection Program
Apr 01, 2020If you are a nonprofit with less than 500 employees, you could qualify for the Paycheck Protection Program (a forgivable loan) under the Coronavirus Stimulus Package. Watch this video to learn more:
The SBA is providing loans to help small businesses and nonprofits cover things like payroll, rent, and utilities if you have been negatively impacted by COVID-19. SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.
Click Here to view info on the SBA website.
Stay connected with more free nonprofit resources!
Join our mailing list to receive the latest news and updates from our team.
We hate SPAM. We will never sell your information, for any reason. Unsubscribe at any time.
