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Posted on: March 5, 2021

Paycheck Protection Program (PPP) new round of funding

The Paycheck Protection Program (PPP) is opening a new round of funding to help small businesses during the COVID-19 pandemic by providing forgivable loans at 1% interest.  Small businesses that received previous funding through this program and small businesses that have not yet taken advantage of this opportunity may be eligible. Click the link to see Frequently Asked Questions about this program  https://commerceri.com/wp-content/uploads/2021/02/Paycheck-Protection-Program_one-pager_REVISED_012021.pdf , eligibility requirements, and how to apply. For more information, check out the CommerceRI facebook page https://www.facebook.com/CommerceRI/ or contact the Rhode Island District Office of the Small Business Association at 401-528-4561 or rhodeisland_do@sba.gov.

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