IMPORTANT DISCLAIMER – PLEASE READ: This video is a webinar discussion between GlossGenius and Kristin Snyder. We discuss the application process for the GlossGenius/Cross River Bank partnership and this is not representative of all PPP application processes. The content of this video is in no way financial, accounting or tax advice. If you have specific questions, please consult your accountant, attorney, or other expert.
Information on the PPP Loan:
The SBA Paycheck Protection Program applications are now open!
You can now apply for the government SBA PPP (“Paycheck Protection Program”) loans through our SBA 7(a) partner bank! The bank will be processing and funding loans within days (as opposed to weeks, like many other banks). This application is open to all.
PPP loans are part of the COVID-19 government stimulus program (CARES Act) and are made to help small businesses and sole proprietors cover payroll and other business expenses like rent and utilities. When used for these expenses, you may be eligible for a 100% forgiveness grant, meaning you wouldn’t need to pay back the loan.
The PPP is first-come, first-served which is why we’ve partnered with an SBA 7(a) government approved bank lender Cross River Bank, who is providing a simple and quick application process. Unlike other banks, they have a fast, tech-enabled process and are open to all eligible applicants.
To apply head to this link here: https://bit.ly/applyforppploan
