District businesses are encouraged to take advantage of the second round of Paycheck Protection Program (PPP) loans.
This is a federal program, administered by the Small Business Adminstration, but businesses apply through SBA lenders (which may include your current bank).
There are a wealth of tools and support available to District business and the DLSBD team is ready and available to provide technical support and assistance to District businesses applying for PPP funds. You can reach us at:
email: [email protected]
phone: (202) 727-3900 (select option 7)
Businesses who are considering applying for PPP, whether they received PPP during the first round or if they have not applied before, are also encouraged to watch this presentation by the Small Business Administration, which provides important information, as well as helpful tips.
For more information about finding a lender or learning more about PPP please visit these important websites: