ASBDC Accredited Member seal
Cal Poly San Luis Obispo
Central CA Network
The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in assets for First and Second Draw applications on Friday, January 15, 2021 to Small Lenders on Friday, January 15, and to All Lenders on Tuesday, January 19.
The SBA will continue its emphasis on reaching smaller lenders and businesses by opening to approximately 5,000 more lenders, including community banks, credit unions, and farm credit institutions.
Contact your local SBDC office for more information and if you need assistance in completing the application forms.