Payroll Protection Program (PPP) Reopens TODAY
The competitive Paycheck Protection Program has reopened today as of 9:30 a.m. Central Time. Learn about the program and application process at the SBA's Payroll Protection Program webpage. You must apply through an approved Illinois lender. Here is a list of approved lenders in Illinois as of March 2020, provided by the SBA. If you do not have a relationship with a local approved lender, Illinois nonprofits may also apply through IFF.
Here is the Application Form for the PPP to help you prepare and gather necessary information. This helpful article has a calculator to help you determine the maximum amount you could apply for under the PPP.