Prioritized PPP Loan Applications for Businesses with 20 or Fewer Employees

The Biden Administration announced that it is opening a special two-week period for businesses with less than 20 employees to apply for PPP assistance before the March 31 deadline. The SBA has established a 14-day, exclusive PPP loan application period for businesses and nonprofits with fewer than 20 employees, beginning February 24 through March 10.

For more information:

  • SBA Prioritizes Smallest of Small Businesses in the Paycheck Protection Program – See press release here.
  • Oregon’s Small Business Advisory has a banner up on their page that helps direct people to the right places to get that ball rolling: https://www.oregon.gov/smallbusiness/.