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.
Find additional up to date information regarding the Paycheck Protection Program here
We are no longer accepting new PPP Loan applications.
We are awaiting final guidance to begin processing PPP Loan Forgiveness Applications. If you currently have your PPP Loan through SACFCU, we will be communicating with you directly regarding updates.