PPP Round 2 Online Loans Applications are Now Open

Start your application here*

 

Your Together Credit Union team is here to help as you navigate through the PPP loan application. Once you log in, you will find step-by-step instructions and resources to help you complete the process. You may also wish to contact your accountant or payroll provider for additional guidance.

 

Quick Guide for Business

 Key Highlights

  • Second time borrowers must have used their first loan in full and demonstrate a 25% decline in gross revenue.
  • Borrowers may elect between an 8 and 24 week period in which to apply their PPP Round 2 funds.
  • Borrowers are still required to use at least 60% of the PPP Round 2 funds on payroll expenses. However, there are new expense categories for the remaining 40% of funds such as: rent, mortgage, and operating costs.

 What do you need to apply?

  • Completed online application
  • Proof of ownership and driver’s license  
  • Average wage cost
  • Proof of payroll cost or self-employment income 
  • W-2 forms for all employees
  • 2019 & 2020 profit/loss statements and tax returns

 

 Who is eligible to apply?

  • Small Businesses
  • Self-Employed
  • Veteran - Owned Businesses
  • Women - Owned Businesses
  • Minority - Owned Businesses

 

Stay informed of recent updates by visiting our website often. And know that the SBA provides guidance and loan resources and the US Treasury offers additional assistance for small businesses.

For questions related to your business application, please contact the Business Services team at smallbusinessppprelief@togethercu.org.

 

*Application platform is most compatible with Microsoft Edge and Firefox web browsers.