SBA Payment Protection Program (PPP) Loans | Commercial Finance Partners

Payment Protection Program
Loans for Businesses

Specifically designed for:

First time PPP loans for qualified businesses
Second draw PPP loans for businesses
Easily apply for a PPP loan to cover Payroll and Operating Expenses
No Fees Charged by Commercial Finance Partners

Don't wait until the SBA PPP funds run out, act today, and secure cash flow for your business.

Let Commercial Finance Partners help you secure your PPP loan today.

Get Started

Applying won't impact your credit*

Apply for a PPP Loan Today

Starting the process early guarantees your the best chance to the available PPP funds

Questions/Contact Us

If you have any questions, we are here to help you. Contact us now to get assistance!

SBA Government Relief Resources

Learn More at SBA.gov

PPP Application

(coming soon)

Document Checklist

(coming soon)

Start Your PPP Application Now!

Learn More about the PPP Loan Program

Find many answers to many of the PPP Loan Program related questions below:

⦾

Small businesses with 300 or fewer employees that have sustained a 25 percent (or more) revenue loss in any quarter of 2020 are eligible to apply for a second draw PPP loan.

⦾

The maximum second draw PPP loan will be the greater of $2 million or 2.5x average monthly payroll like with the initial, first draw PPP loans (3.5x if your business is in NAICS Code 72 which includes restaurants and hospitality).

⦾

For second draw PPP loan applicants seeking up to $150,000, there will be a simple certification submission attesting to your qualification based on quarterly revenue reductions, and number of employees.

⦾

The law expands forgivable expenses (beyond the original eligibility) to include supplier costs (such as accounting and IT expenses) and investments in software, facility modifications, and personal protective equipment.

⦾

The loan forgiveness process for first draw and second draw PPP loans less than $150,000 will be simplified to a one-page certification (you will need to provide the number of employees retained, amount spent on payroll, total loan amount, etc.).

⦾

The law repeals the CARES Act provision requiring borrowers to deduct the EIDL (Economic Injury Disaster Loans) advance from their PPP loan forgiveness amount.

⦾

The law provides full tax deductibility of business expenses on forgiven PPP loans (on both first and second draw PPP loans).

Find Out More!