The PPP is for small businesses that have less than 500 employees*, private non-profit organizations, or 501(c)(19) veterans organizations that have been affected by the Coronavirus pandemic.
*If they meet the SBA’s size standards, there are businesses in particular industries that may have more than 500 employees.
Hospitality and food industry businesses with multiple locations may have eligibility at the store location level so long as there are fewer than 500 employees at each store location.
Prestamos is a proud member of the Community Development Financial Institutions, (CDFI) as a CDFI we pledge to serve small businesses in low-income communities, minority, and women-owned businesses.
Our priority will be focused on small businesses located in low-Income communities and underserved business owners to fulfill our mission of creating/preserving jobs in economically distressed communities.