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Read the PPP Lender Experience Survey

Friday, May 15, 2020   (0 Comments)
Posted by: Megan Hassenger
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The Paycheck Protection Program (often referred to as the PPP), provided through the Small Business Administration (SBA), was an effort to make financial assistance quickly available to small businesses and nonprofits - those with the greatest need for critical funding as the COVID-19 pandemic plunged the economy into a deep recession. The PPP is an emergency loan program designed to incentivize small businesses and nonprofits to keep their workers on their payroll.

The New York Council of Nonprofits (NYCON) decided to survey the nonprofit community regarding their experience in applying for the PPP. Read the report here.

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