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Jovita Carranza, SBA Profile picture
Jovita Carranza, SBA
@SBAJovita
This account has been archived. Jovita Carranza served as the 26th Administrator of @SBAgov, opening doors for America's entrepreneurs and small businesses.
Jun 17, 2020 • 6 tweets • 3 min read
Today @SBAgov and @USTreasury released updated Loan Forgiveness Applications for the #PaycheckProtection Program, including an EZ version. The #PaycheckProtection program EZ Loan Forgiveness Application applies to borrowers that:

🔘 Are self-employed and have no employees; OR
🔘 Did not reduce the salaries or wages of their employees by more than 25%, and did not reduce the number or hours of their employees; OR
Apr 17, 2020 • 4 tweets • 2 min read
SBA partnered with nearly 5,000 community banks and lenders to distribute emergency capital through the #PaycheckProtectionProgram. If you have applied for a PPP loan, be sure to work with your lender to ensure your funds are quickly disbursed. In 14 days, @SBAgov guaranteed emergency loans provided by the #CARESact. So borrowers know—when a lender submits a loan application to SBA, they receive a loan guarantee number for your loan.