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Access SBA PPP Loan Funds for your business.

Responding to the continuing need for relief for small businesses like yours, the SBA is releasing a third round of PPP (Paycheck Protection Program) funding, and we will be ready to help!

 


Key updates with the third round of funding include:

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Borrowers can set their coverage period to between 8 and 24 weeks to meet their business needs


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Additional expenses are covered including operations, property damage costs, supplier costs and worker protection expenses


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Certain existing PPP borrowers may request to modify their First Draw PPP Loan or apply for a Second Draw PPP Loan


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Hospitality businesses may request up to 3.5x their average monthly payroll


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Eligibility expanded to include 501(c)(6)s, housing cooperatives, direct marketing organizations and more


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Second Draw PPP Loan available if first PPP loan used in full for authorized purposes, business has less than 300 employees and experienced a 25% reduction in gross receipts in comparable 2019 and 2020 quarters



Begin your PPP Loan Application today. 

Let’s get started. Our new online application process makes it easy for you to begin, pause and follow your application’s status, anytime!


Apply for Funds     Continue or Track Application
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Welcoming new members.

To apply for a PPP loan with Community First, you must be a member of our financial cooperative. To join, visit any branch location. Your account number information will be needed to complete the loan application.

Stay up-to-date.

We are staying up-to-date on all of the developments and requirements PPP Loans, even as guidance changes. We also encourage you to follow developments at SBA.gov.

 
 
 

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