As of April 24, 2020, additional funding has been approved for the SBA Paycheck Protection Program (PPP), however, Affinity is not accepting new applications at this time. Due to a high number of applications still pending processing with us, we have made the decision to focus on these applicants and getting as many of these loans funded as possible.
Alternatively to the Paycheck Protection Program, the SBA is also offering an Economic Injury Disaster Loan (EIDL), which is a low-interest, Federal disaster loan, to small business owners. You may be eligible to receive relief through this loan program. You can apply for an EIDL loan directly through the SBA by clicking here.
Check out the U.S. Chamber of Commerce's checklist and guide to understand the requirements for eligibility.
For up-to-date information and loan guidance from the SBA, visit: https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources.
Click here for the EIDL loan application: https://www.sba.gov/funding-programs/disaster-assistance