Round 2 Applications for the Paycheck Protection Program are officially open! To promote access to capital, initially only community financial institutions will be able to make First Draw PPP Loans on Monday, January 11, and Second Draw PPP Loans on Wednesday, January 13. The PPP will open to all participating lenders shortly thereafter. Updated PPP guidance outlining Program changes to enhance its effectiveness and accessibility was released on January 6 in accordance with the Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues Act.
The Enterprise Center is a US. Dept of Treasury certified CDFI (Community Development Financial Institution) and a U.S. Small Business Administration Microloan Intermediary and is accepting applications from businesses located anywhere in the United States. Learn more about the application, eligibility requirements, and necessary documents below.
If you have any questions about the application process, please feel free to reach out to the AACCGP Team at aaccgp@asianchamberphila.org.
Be sure to mention us on your application as a referral to receive a free one-year membership to the Chamber!
