Loans Issued In Washington, WA
| Loan Amount | Company Name | Location | Lender |
|---|---|---|---|
| {{item.LoanRange}} | {{item.BusinessName}} | {{item.City}} , {{item.State}} | {{item.Lender}} |
| Loan Amount | Company Name | Location | Lender |
|---|---|---|---|
| $350K-1M | FOUR WINDS | Deer harbor , WA | Washington Trust Bank |
| $1 -150K | FOUR WINDS | Deer harbor , WA | Washington Trust Bank |
| $1 -150K | JEN-JAY, INC. | Deer harbor , WA | KeyBank National Association |
| $1 -150K | MARGARET WEIDNER | Deer harbor , WA | Boeing Empl CU |
| $1 -150K | STEADI-IMAGE PRODUCTIONS | Deer harbor , WA | Washington Federal Bank |
| $1 -150K | ISLAND PIE | Deer harbor , WA | Boeing Empl CU |
| $1 -150K | TYSON BALCOMB | Deer harbor , WA | Washington Federal Bank |
| $1 -150K | DEER HARBOR INN INC | Deer harbor , WA | Banner Bank |
| $1 -150K | DEER HARBOR INN INC | Deer harbor , WA | Banner Bank |
| $1 -150K | LOCAL GOODS LLC | Deer harbor , WA | Washington Federal Bank |
| $1 -150K | COMMON CRAFT, LLC | Deer harbor , WA | Fed – Kabbage |
| $1 -150K | JILLERY | Deer harbor , WA | Banner Bank |
Frequently Asked Questions (FAQs)
A1: The CARES Act, officially known as the Coronavirus Aid, Relief, and Economic Security Act, is a federal law passed in March 2020 to provide economic relief to individuals, businesses, and healthcare providers affected by the COVID-19 pandemic.
The Paycheck Protection Program (PPP) is a part of the CARES Act designed to provide forgivable loans to small businesses to help cover payroll costs, rent, and other eligible expenses during the COVID-19 pandemic.
Small businesses, nonprofits, independent contractors, and self-employed individuals were generally eligible for PPP loans. Eligibility criteria and requirements may vary, so it's essential to check with the Small Business Administration (SBA) or your lender for specific details.
PPP loans were generally calculated based on a business's average monthly payroll costs. In most cases, businesses could receive up to 2.5 times their average monthly payroll costs, up to a maximum loan amount.
Yes, PPP loans are forgivable if the funds are used for eligible expenses like payroll, rent, and utilities. A certain percentage (usually 60% or more) of the loan must be used for payroll to qualify for full forgiveness
You can apply for a PPP loan through participating lenders, such as banks and credit unions. The SBA's website provides a list of lenders who participated in the program
Required documents typically include payroll records, tax forms, and other financial documents. Consult with your lender for specific documentation requirements
Deadlines for PPP loan applications have changed over time. It's essential to check the latest deadlines on the SBA's website or with your lender.
Yes, there is a second round of PPP loans (PPP2) available to eligible businesses. Requirements and eligibility criteria for PPP2 may differ from the first round.
You can request loan forgiveness through your lender by submitting the required documentation and forms. The forgiveness application process may vary based on the size and terms of your loan.