Alameda Banks Offering Paycheck Protection Program Loans
Below is a list of Alameda Banks which are offering Paycheck Protection Program loans to local businesses.
The Paycheck Protection Program offers federally guaranteed, forgivable loans of up to $10 million to small businesses, with the goal of incentivizing businesses to keep their employees on the payroll. Loans will be forgiven if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities. Please click here for more information, and please click here for a recently released FAQ on the program.
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