CARES Act | Paycheck Protection Program FAQs for Small Businesses, Nonprofits & Churches with 500 or Fewer Employees

March 31, 2020

CARES Act Paycheck Protection Program guidance for small businesses and churches

Where can I apply for the Paycheck Protection Program?

You can apply for the Paycheck Protection Program (PPP) at any lending institution that is approved to participate in the program through the existing U.S. Small Business Administration (SBA) 7(a) lending program and additional lenders approved by the Department of Treasury. This could be the bank you already use, or a nearby bank. There are thousands of banks that already participate in the SBA’s lending programs, including numerous community banks. The loan application on the SBA website currently is for a different loan. You do not have to visit any government institution to apply for the program. You can call your bank or find SBA-approved lenders in your area through SBA’s online Lender Match tool, which is available on their website.

Important Paycheck Protection Program Documents

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Northwest Arkansas: (479) 377-2059

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