We're here to help
Congress recently passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act which allocated $350 billion dollars to help small businesses keep workers employed amid the pandemic and economic downturn. Known as the Paycheck Protection Program, this initiative provides 100% federally guaranteed loans to small businesses that maintain their payroll during this emergency. Importantly, these loans may be forgiven if borrowers maintain their payrolls during the crisis or restore their payrolls afterwards.
The Paycheck Protection Program (PPP) is a federal relief program established by Congress and implemented by the U.S. Treasury Department and the SBA with rules, requirements, protocols, and processes that all financial institutions must follow.
All of us here at Latham Funding are experienced, prepared and stand ready to assist you during this time of uncertainly. To this end, we have set up process and procedures to ensure that we are able to assist everyone who wants to apply for a federally back SBA loan in a timely and orderly fashion.
First off, we would strongly recommend you to refer to our Q & A section. We believe that this will answer most of your basic questions regarding the CARES Program loans and eligibility requirements. Next, please go to our online application and complete this form, in full, in order to submit. Once you submit this completed to us someone from our team will call you as soon as we are able (all Borrowers will be called in the order in which their application was received) to discuss your application, which program will best suit your needs, required documentation for your loan and to answer your questions and to set expectations.
Be assured, we are doing everything within our power, including providing foreign language speaking representatives, to assist you and help guide you through the SBA loan application process.
The Latham Funding Team