America First knows that many businesses are facing challenges created by the COVID-19 pandemic. We can help businesses cut costs, manage their cash flow, or adapt to current circumstances, through timely business services including:
The federal government has reached an agreement that will provide additional funding to the Small Business Administration (SBA) Paycheck Protection Program (PPP). Given this recent development, please be aware of the following:
If we have already been in contact with you to process and prepare your application for submission to the SBA during the second round of funding, please be aware of the following:
If you have questions about the SBA’s plans for forgiving PPP loans, please visit the official PPP website. We currently have no additional information regarding how the SBA will determine loan forgiveness, so please check the SBA website regularly for any updates.
We sincerely apologize for any frustration this process has caused. Out of necessity, the SBA Paycheck Protection Program came together very quickly. We are eager to help facilitate access to these vital government funds, which is why we have actively worked to relay information as it has been given to us, and to follow the rapidly unfolding and changing submission guidelines. However, despite all our best efforts, the process has proven to be a challenge for us, our business members, and most—if not all—other financial institutions.
We know small businesses are struggling right now and we remain committed to helping you through these difficult times. We appreciate your understanding and patience as we work to navigate this unprecedented situation together.