Small Business Paycheck Protection Program
As part of the CARES Act, the Paycheck Protection Program provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. Funds can also be used to pay interest on business mortgages, rent, and utilities.
As an SBA lender, Kinecta is pleased to provide this additional support during these uncertain times.
Here are the program overview and additional facts from the Small Business Administration:
While applications for the PPP program are no longer being accepted, we will update this page periodically, as forgiveness application information becomes available.
Update August 11, 2020: The SBA released their Frequently Asked Questions on PPP Loan Forgiveness resource page and downloadable PDF, which can be found here on the SBA website.
*Membership requirements may apply. Terms and qualifications are subject to change.