- Must be a current Rivermark member
The PPP is an SBA loan designed to help small businesses keep their workers on the payroll through the government's coronavirus relief package. In December 2020, additional funds were allocated to PPP, as amended by the Economic Aid Act.
All businesses, including non-profits, Veterans organizations, Tribal concerns, sole proprietorships, self-employed individuals, and independent contractors, with 300 or fewer employees, or no greater than the number of employees set by the SBA as the size standard for certain industries can apply.
Where can I go for more information?
Please contact your tax advisor or legal counsel for specific information. You may also visit the websites of the SBA and US Treasury for a full overview of the program changes, revised rules, and further guidance.