Disaster Preparedness Finance

PPP exhausts its funding, except through CDFIs

The U.S. Small Business Administration announced today that the Paycheck Protection Program (PPP) has exhausted core funding after a year in operation and serving more than 8 million businesses.

The SBA will continue funding outstanding approved PPP applications but new qualifying applications will only be funded through Community Development Financial Institutions (CDFIs) as there is $8 billion remaining in set asides for those community groups.

You can search for local CDFIs via this link:

Or search via SBA’s Lender Match tool:


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