The government approved an additional $310 billion for the Paycheck Protection Program to help small businesses get through any Coronavirus related shutdowns.  The previous $349 billion ran out on April 16, so it's vital that you get your application in if you haven't already.

What if you already applied?
If you already applied, then you are in the queue and you don't need to reapply.  The government set guidelines for lending institutions to follow that allow you to not have to resubmit.  That being said, it would be a good idea to contact your lender to see if they submitted your request in the first place.  One of the dark sides of this program has been that some lenders put higher-level requests ahead of lower-level requests so that they would get more in fees from the government.  

Do you qualify?
If you haven't applied yet and don't know if you would qualify, it's vital that you do so as quickly as possible in case the money runs out again.  Click here to find out how much you would qualify for.

Bank not file your application?
If you find out that your bank never put in your application before the government ran out of funds on April 16, please let us know.  There may be things we can do to help.

We Can Help
Click here to email us or call us at 309-807-2885 for your FREE 15-minute consultation.  Due to the Stay At Home order, we are offering FREE 15-minute video conference consultations.  To take advantage of the video conferencing ability, please email us to set up a time.