May 29, 2020 News
Time-Limited Opportunity for Paycheck Protection Program
We wanted to make nonprofits aware of a time-limited opportunity for interested grantees of the Weingart Foundation, made possible by our friends at the Ballmer Group, to apply for forgivable loans through SBA’s Paycheck Protection Program (PPP) through Community Reinvestment Fund, USA (CRF), a nonprofit community development financial institution and SBA-approved lender. We are sharing this opportunity in case your organization is interested in and eligible for the PPP.
Congress approved another PPP allocation, and we have heard from many nonprofits that they have struggled to identify a bank partner and need technical assistance to access the PPP and other resources available to nonprofits through the CARES Act. Ballmer Group has partnered with CRF to help expand their capacity to make PPP loans to eligible nonprofits, and they have extended this opportunity to the Weingart Foundation’s grantees throughout our five-county region. CRF is also partnering with Apparatus Solutions, who will provide support through the application process and work with applicants directly once they have submitted their initial inquiries.
Please take a few moments to read the description below and consider whether your organization might benefit from this opportunity. If you believe your organization could benefit, instructions for beginning the application process are included below. If you have any questions prior to starting the process, you can contact Joy DeFrance at JoyD@ApparatusSolutionsInc.com or Paul Trulik at PaulT@ApparatusSolutionInc.com. Additional information about the PPP can also be found on the application page through the link below.
Please note that funds are limited, so we encourage you to act immediately if you are interested. If you have any questions, please feel free to contact Apparatus Solutions.
If you decide to apply for this opportunity, please let us know at by sending us an email at firstname.lastname@example.org.