In this video, TruVest founder Ryan Dement discuss the Paycheck Protection Program PPP Application along with the differences between PPP and EIDL Loan options. PPP loans will ONLY be disbursed by SBA 7(a) Lenders and NOT the SBA. EIDL Loans will be disbursed by the SBA ONLY. You can apply for the loans via the SBA and most importantly thru your FDIC insured bank.
Access the SBA FORM Paycheck Protection Program (PPP) Sample Application Form
The U.S. Chamber of Commerce has created a downloadable resource with a clear breakdown of the programs.
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