Want to apply for the SBA Paycheck Protection Program relief loan? NorthOne can help. Click here to learn more.
Apply for your SBA loan with NorthOne
If your business has been affected by the COVID-19 pandemic, the new SBA PPP (Small Business Administration Paycheck Protection Program) loan could give you access to 2.5X your average monthly payroll in relief funds.
NorthOne can help your business get faster access to these funds through our partners at Cross River Bank and Kabbage.
What can I use my SBA PPP loan funds for?
SBA PPP loans are made to help businesses keep their existing staff and help with critical expenses. Businesses who use the loan to do this may be eligible for a 100% forgiveness incentive.
Payroll
Payroll costs including benefits & premiums
Rent
If you signed your lease before
February 15, 2020
Utilities
If you signed a service agreement before
February 15, 2020
Interest on debt obligations
If they incurred before
February 15, 2020
How can NorthOne help?
Through our partnership with Cross River Bank and Kabbage, NorthOne is able to help get our customers’ early access to a waitlist for a SBA PPP loan application. That means you’ll be amongst the first in line to apply when the funds are available. This SBA PPP program gives your business:
One of the fastest and easiest ways to apply for your SBA PPP loan
Help with your application from a team of experts
Faster loan servicing. Get relief funds in days not weeks
How do I get my SBA PPP loan?
Step 2. Gather important information about your business
Proof of being operational by February 15, 2020
Key business documents
Personal information about all major owners of your business
Payroll records
Tax returns and financial statements
A system to manage expenses and finances
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