Paycheck Protection Program


WHAT IS IT?

  • The Paycheck Protection Program is designed to as a short-term loan to pay for employee payroll for 2 ½ months, as well as some utilities and rent.
  • If you keep most of your employees after that period, the loan can turn into a grant. See loan for details. 
  • This program is designed to be a bridge to keep your employees employed during the COVID-19 public health emergency.
  • Download program details here. 

THE REQUIREMENTS:

  • Applications accepted starting April 3rd.
  • Download the application here.  
  • Requires submission of payroll reports. Cardinal can provide your needed payroll reports, just let us know the time period. Email that request to PPP@cardinal-services.com.
  • Email the application to your banker. For questions on this program talk to the expert, your banker.

CARDINAL SERVICES COVID-19 RESOURCES

  • Click here to see COVID-19 aid and resources for employers.
  • Call Cardinal if you need help or have questions 1.800.342.4742

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