Salt Lake City

Department of Economic Development

Phone: (801) 535-7200 | Email: ed@slcgov.com

How to Make a Strong Application for SBA Loans and Grants

NEW: The Small Business Administration Paycheck Protection Program has resumed accepting applications as of 10:30 a.m. EST, April 27th. Like the last round, we expect this money will likely go fast. What does that mean to you? If you haven’t applied, DO IT NOW. Get your documents in order and load up on patience. We will continue to update you as we get more information.

A few points to consider this round:

  • Did you know the Payroll Protection Program (PPP) is designed to keep your employees on the payroll, even if you have already laid them off. If you hire them back prior to the June 30th cutoff, there is still opportunity for 8 weeks of payroll loan forgiveness.

Read more here: https://slcecondev.com/2020/04/24/how-to-make-a-strong-application-for-sba-loans-and-grants/

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