SBA Paycheck Protection Program
The SBA’s Paycheck Protection Program is intended to help small businesses impacted by the COVID-19 pandemic by providing “fully forgivable” loans up to $10 million to cover up to 8 weeks of payroll expenses – including benefits – and can also be used to make mortgage interest, lease and utility payments.

For more information regarding the program, please click here.

Applying for a Loan
At this time we are not accepting new applications. Feel free to check back here from time-to-time to see if the situation has changed; otherwise, please visit SBA Hawaii for a complete listing of approved SBA Lenders if you would like to explore options at other financial institutions.

Loan Forgiveness
The purpose of the SBA’s Paycheck Protection Program is to help businesses keep their workers employed and paid. This program was designed to have up to 100% of the loan forgiven if the business is able to retain jobs over the 8-week period after receipt of loan proceeds. Loan amounts forgiven do not have to be paid back.

To find out more information on becoming eligible for loan forgiveness and how to apply, click here.