SBA Paycheck Protection Program 2nd Round
Farm Credit Services of North Dakota announces it is again an approved lender for the second
round of SBA Paycheck Protection Program (PPP) loans.
As we continue to work with customers financially impacted by COVID-19, Farm Credit Services of ND is ready
to accept applications and support our members who qualify for the SBA PPP in this second round.
"The CARES Act" was initially signed into law on March 27, 2020 and the second draw of PPP loans began January 13, 2021.
The second round of PPP authorizes an additional $284 billion for businesses that suffered a loss in revenue in 2020.
Our main objective is to ensure you have the information you need to secure funds to support your operations given the
economic impact of COVID-19.
Please let us know how we can further assist you and we thank you for your continued business and support of your cooperative!
Click the SBA link below to learn more about the CARES Act – SBA Paycheck Protection Program for a two year loan at a 1% fixed rate.