The application period for small business and sole proprietors opened on April 3, 2020.  The application period for independent contractors and self‑employed individuals began on April 10, 2020. Applications end June 30 or until the available funds are depleted (As of April 16, Traditions Bank has been notified that the SBA is currently unable to accept new applications for the Paycheck Protection Program based on available appropriations funding. If additional funding is made available, this website page will be updated accordingly.)
Demand is high, and the total amount of the program was capped at $349 billion. To learn more, please visit the SBA's website.