SBA

@SBAgov ↗

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Last Checked Jan. 24, 2021

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Mon Jan 11 21:18:44 +0000 2021

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SBA @SBAgov

When the PPP loan portal re-opened today, it initially accepted First Draw PPP loan applications from participating CFIs, which include Community Development Financial Institutions, Minority Depository Institutions, Certified Development Companies and Microloan Intermediaries. — PolitiTweet.org

Posted Jan. 11, 2021

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SBA @SBAgov

SBA is continuing its dedicated commitment to underserved small businesses and to addressing potential access to capital barriers by initially granting PPP access exclusively to community financial institutions (CFIs) that typically serve these concerns. — PolitiTweet.org

Posted Jan. 11, 2021

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SBA @SBAgov

These lenders made up approximately 10% of all PPP participating lenders in 2020. A First Draw PPP loan is for those borrowers who have yet to receive a PPP loan before the program closed in August 2020. Learn more about First Draw PPP loans: https://t.co/EcNgIRSf3R — PolitiTweet.org

Posted Jan. 11, 2021