Paycheck Protection Program (PPP)
Interested in Applying for Round 1 Forgiveness?
Interested in Applying for a Round 2 PPP Loan?
Due to the overwhelming trust in Metairie Bank, we have processed more than 1,200 Paycheck Protection Loans eclipsing our internal lending limit for Round 2 PPP Loans. Recognizing the importance of this program to our communities, we have partnered with K Servicing allowing for continued access to the Paycheck Protection Program. This partnership will allow K Servicing to review and submit all future PPP applications to the SBA.
click here to apply
Resources & Helpful Links
The CARES Act Provides Assistance to Small Businesses | U.S. Department of the Treasury
First Draw Overview
https://home.treasury.gov/system/files/136/Top-line-Overview-of-First-Draw-PPP.pdf
How to Calculate Maximum Amounts for 1st Draw PPP loans in Round 2
https://home.treasury.gov/system/files/136/PPP–How-to-Calculate-Maximum-Loan-Amounts-for-First-Draw-PPP-Loans-and-What-Documentation-to-Provide-By-Business-Type.pdf
Second Draw Overview
https://home.treasury.gov/system/files/136/Top-line-Overview-of-Second-Draw-PPP.pdf