Forgivable loans are available and include costs for payroll and health insurance premiums.
Loan applications are being accepted by approved SBA lenders starting Friday, April 3, 2020. We encourage employers to contact a lender and seek this assistance as soon as possible as demand will be extremely high.
Here are some helpful links:
SBA Lenders (Please note that traffic to this site is high, therefore it may take multiple attempts to reach it)
Coronavirus Emergency Loans Small Business Guide and Checklist
Overview prepared by the Treasury Department: Paycheck Protection Program (PPP) Information Sheet
We are here to help. Please let us know if you have any questions about the PPP Paycheck Protection Program and/or any other insurance coverage concerns during this challenging time.
You can reach our office and brokers at (360) 419-9999.
The Group Benefits Northwest Team