Paycheck Protection Program Round 2
The Paycheck Protection Program is administered by the U.S. Small Business Administration. It is designed to provide small businesses with funds for payroll, employee benefit costs and other eligible expenses.
Information on the 2nd Round of PPP Loans
Due to the SBA exhausting the funds allocated to the second round of PPP loans, the funding for Round 2 is now closed.
PPP Loan Forgiveness
Extraco is accepting applications for PPP Loan Forgiveness. To submit your application, please contact the lender that helped you during the origination process or contact us via email at SBA@extracobanks.com.
To find more information about the Forgiveness process and the most current applications, please visit the SBA's website at https://www.sba.gov/funding-programs/loans/covid-19-relief-options/paycheck-protection-program/ppp-loan-forgiveness
Extraco is committed to delivering the best customer experience possible. The SBA is solely responsible for loan approvals and loan forgiveness. Extraco cannot warrant, represent, nor guarantee that completed applications will be funded due to internal and external limitations.