Chamber Member SBA Lenders
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 employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.
Due to the high volume of applications for the new SBA Paycheck Protection Act funds, many banks are only able to accept and process applications for their existing clients. We recommend you first check to see if your current bank is able to offer these loan programs, and if not, feel free to reach out to any of the other banks listed here.
You can find more information oand the rules and regulations governing PPP on the SBA web site at https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program
Click hereto download the Paycheck Protection Program Lender Application Form.
The second period for PPP loan applications started Monday, April 27, 2020.
Contact the Leawood EDC's leadership at email@example.com if we can be of assistance.