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To apply for a PPP loan, you must meet the following eligibility requirements:

Business size

If you answer YES to either of these questions, please call (540) 825-9800:

  • Does your Business have more than 500 employees?
  • Is your Business, or any owner of the Business, an owner of any other business or have common management with any other business?

Other legal requirements

Your business was in operation as of February 15, 2020;

Your Business meets the business-size requirements (i.e., fewer than 500 employees, though some larger businesses may be eligible);

Your Business, or its Owners or affiliated businesses, is not delinquent on a direct or guaranteed loan from SBA or any other Federal agency or defaulted in the last 7 years and caused a loss to the government;

Within the last 7 years, you have not, for any felony or misdemeanor for a crime against a minor, (1) been convicted; (2) pleaded guilty; (3) pleaded nolo contendere; (4) been placed on pretrial diversion; or (5) been placed on any form of parole or probation (including probation before judgment); and

You are a US Citizen or have Lawful Permanent Resident Status.

You are not presently subject to an indictment, criminal information, arraignment, or other means by which formal criminal charges are brought in any jurisdiction, or presently incarcerated, on probation or parole;

Your Business or its Owners are not presently suspended, debarred, proposed for debarment, declared ineligible, voluntarily excluded from participation in this transaction by any Federal department or agency, or presently involved in any bankruptcy;

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1 Contact Information
2 Business Identification
3 Business Contact
4 Ownership Information
5 Loan Amount and Purpose