SBA Paycheck Protection Program
LISC is now accepting PPP applications from MWBEs, VBEs and nonprofits in Rhode Island.
The SBA Paycheck Protection Program (PPP) is designed to keep your workers on payroll and your doors open. The program provides access to low interest and partially to fully forgivable loans to small business owners and nonprofit organizations with no personal guarantee or collateral required. Funds may be used to help pay business payroll, utilities, and other operating expenses during the Covid-19 outbreak.
LISC Resources for PPP:
- Get an overview of the program and walk through of the application process- including some special considerations for child care providers (YouTube)
- Read LISC’s informational overview of the Paycheck Protection Program – includes eligibility, terms, and steps in the application process (PDF) (En Español)
- Visit LISC’s PPP technical assistance resource page (materials provided in English and Spanish)
You can read more about this program along with other federal programs available through the SBA in our News Article, “COVID-19 SBA Resources for Child Care Providers.”
Please reach out to the LISC Child Care Facilities Fund team at firstname.lastname@example.org if you have questions!