Emergency Relief Loan Program Has Been Re-Funded.

The U.S. SBA COVID-19 Emergency Relief Loan Program, including the forgivable Payroll Protection Program (PPP), has been re-funded.

The website began accepting loan applications yesterday, but the site went down early. It is up again at this time. Remember – if you are applying for the Payroll Protection Program loan you need to do so through an SBA lender – Cornerstone Bank, Savers Bank, Hometown Bank, Country Bank, North Brookfield Savings Bank, Webster First Federal Credit Union, Southbridge Credit Union and others in the region are SBA lenders. 

Use this link to access the SBA website for guidance and details.
https://www.sba.gov/funding-programs/loans/coronavirus-relief-options

If you need further guidance and you can’t reach a lender today, contact one of these business advisors:

Quaboag Valley Community Development Corporation (QVCDC)
Melissa Fales, Loan Program Coordinator
Phone: (413) 967-3001
melissa@qvcdc.com

Robert White, SCORE Volunteer (Service Corps of Retired Executives) www.score.org/
SCORE is the nation's largest network of free, expert business mentors. Assistance is provided on business plans, and advice on loan resources.
Robert.White@scorevolunteer.org

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