Paycheck Protection Program closing
May 31, 2021
Marianas businesses have until May 31 to apply for forgivable loans through the Paycheck Protection Program (PPP) at participating community financial institutions.
The American Rescue Plan that Democrats in Congress passed and President Biden signed into law in March added $7 billion in funding to the PPP and expanded eligibility to more types of non-profit organizations.
451 PPP loans worth $25.6 million have been approved for Marianas applicants this year through May 24 according to the U.S. Small Business Administration. Learn more here and download an application here.
