The Paycheck Protection Program Has ReopenedJan 29, 2021
The Paycheck Protection Program is now open! In addition to initial PPP Loans, the Paycheck Protection Program (PPP) now allows certain eligible borrowers that previously received a PPP loan to apply for a Second Draw PPP Loan with the same general loan terms as their First Draw PPP Loan.
The deadline to apply for a 1st Draw or 2nd Draw Paycheck Protection loan is March 31,2021. Please follow the link below for access to the most current PPP Application Form as well as information on the rule including eligibility requirements:
Yoakum National Bank has a team dedicated to handle the Paycheck Protection Program Loans. Please contact Jennifer Mancha or Melinda John to apply for a PPP loan, ask any questions and/or to be added to our email list to receive up to date information on the status of the Paycheck Protection Program.