Understanding the Second Round of the Paycheck Protection Program
The U. S. Treasury Department has authorized another round of the Paycheck Protection Program (PPP), designed to assist businesses and nonprofit organizations that have faced financial challenges related to the Coronavirus pandemic. The Urban League of Louisiana has partnered with Hope Credit Union to assist clients in determining eligibility, completing the application process, and managing the loan forgiveness process. Hope is an experienced SBA-authorized lender and is ready to help small businesses and nonprofit organizations across the Deep South take advantage of this opportunity. By applying through Hope, your business may be able to tap into 100% federally guaranteed funding that will help cover up to 24 weeks of payroll expenses, including benefits, mortgage interest, rent, insurance, utilities, and other authorized expenses. Join the Urban League of Louisiana, Hope Credit Union, and the SBA Louisiana District Office on Thursday, January 28, 10:00am-11:30am for a special webinar to learn more about the second round of the Paycheck Protection Program. Attendees gain insight on eligibility requirements, required documentation and how to apply! There will also be time for Q&A. There is no cost to attend, however, registration is required. Register today!