What is the Paycheck Protection Program?
The Paycheck Protection Program is the most significant piece of small business assistance provided in the Phase III COVID-19 Relief Bill. The program provides $349 billion in immediately accessible economic relief to small businesses adversely affected by the COVID-19 outbreak. The SBA program is designed to give small business owners favorable, forgivable lending terms in these uncertain times.
Pioneer Realty Capital is a direct SBA correspondent for private debt funds. For 18 years PRC has completed and processed SBA applications faster than banks. We understand what it takes to complete an SBA loan request and get you the funding you need ASAP.
We closed a $6.5 million deal in just 17 days, and it’s only because of PRC Small Business Loans. They were by our side, and everything went so smoothly. RAVINDER JAKHU, R&R Management Services
Email firstname.lastname@example.org to start the process of protecting your small business in a fraction of the time.
How Does it Work?
If you are a small business, nonprofit, tribal business, or veterans organization with 500 employees or less, you may qualify for a loan equivalent to 250 percent of your monthly payroll costs. Loan sizes can not exceed $10 million. Payroll costs include wage, salaries, retirement contributions, and healthcare and leave benefits.
Not sure you want to increase your debt burden by taking out a loan. Not a problem! Congress structured the SBA Paycheck Protection Loan Program with your short-term needs and long-term goals in mind. Some program details include:
For the low cost of $2,500, Pioneer Realty Capital will streamline your Paycheck Protection application and approval process, and make ensure you are prepared to take advantage of every program feature you qualify for. Our goal is to turn your Paycheck Protection Loan into a grant.
Call us at 877-350-9416 to get your application started today.
You can download the complete details here. This application is best executed, of course, with an experienced financial and investment advisor who can ensure that you get the maximum amount allowed under this new program. Call 877-350-9416 to start the conversation.
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