Assistance for your business is here.
As part of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, financial relief is available for small businesses that have been financially impacted by the COVID-19 pandemic. The Paycheck Protection Program (PPP), offered through the Small Business Administration (SBA), can provide relief to your business with a forgivable loan that can help you keep your workers on payroll and support other types of business expenses.
We understand that this is a stressful time for you and your business. But we’re here to support you. If you're an existing Lake Trust business member and meet the criteria below, let us know that you're interested in applying for a PPP loan as soon as possible. Applications close on May 31, 2021
If you are granted a PPP loan, you have 10 months from the date you received your loan to apply for forgiveness.
If you previously received a PPP First Draw Loan, you may be eligible to apply for a PPP Second Draw Loan with the same general loan terms as your PPP First Draw Loan.
If you feel you are qualified to receive a PPP Loan, please fill out the form below. A Lake Trust team member will reach out to you soon to help you start your application.