Second Draw of PPP Loans Now Open!

  • An initial round of applications for the second draw of PPP loans is currently being accepted from Community Financial Institutions (CFI’s) to promote access for smaller lenders and their customers.

  • PPP lending will be made available to all participating lenders shortly after. An exact date for this has not yet been announced but it's expected to be within the next week.

  • Overall, applications will be accepted from January 13, 2021 until March 31, 2021.

How To Be Prepared To Apply

  • The application for the second draw of PPP loans, provided by the Small Business Administration, can be found here.

  • Where do you submit your application? All applications must be submitted through a participating lender.  Please note, you cannot send applications directly to SBA as they are not able to process them.

  • If you need to be connected with an SBA-approved lender, you can find a free tool that connects small businesses with participating lenders here.


Upcoming Events of Interest
 
  • Senators Jeanne Shaheen and Maggie Hassan will host a public virtual Covid-19 Business Resource Panel tomorrow, January 14th at 1:15 pm. Registration closes TODAY. Click here to register.

  • The SBA will be hosting a Shuttered Venue Operators Grant webinar tomorrow, January 14th at 3:00 pm to go over the $15 billion relief program for live venues, independent movie theaters, and cultural institutions. Click here to register.

  • NH SBDC is hosting their next webinar on PPP Updates and Covid Relief Programs tomorrow, January 14th at 1:00 pm. Click here to register.


Lastly, I wanted to share this flyer from the NH Small Business Development Center which provides a great summary of information regarding the latest updates and other resources.

As always, I'm available to help or to answer any questions you may have!


Sincerely,
Natalie

Natalie Moles
Economic Recovery Coordinator 
Strafford Regional Planning Commission
150 Wakefield Street, Suite 12
Rochester, NH 03867
 
603-994-3500