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4.03.20 // Small businesses can now apply for the Paycheck Protection Program.

3 Apr 2020


Alerts, Media

Paycheck Protection Program

Loan Information

The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll.

SBA will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.

You can apply through any existing SBA 7(a) lender or through any federally insured depository institution, federally insured credit union, and Farm Credit System institution that is participating. Other regulated lenders will be available to make these loans once they are approved and enrolled in the program. You should consult with your local lender as to whether it is participating in the program.

Lenders may begin processing loan applications as soon as April 3, 2020. The Paycheck Protection Program will be available through June 30, 2020.

 

To learn more, visit SBA.GOV

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The Fun Life

A close proximity to Austin and Round Rock provides a wealth of entertainment and recreation opportunities

The Fun Life
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Extra Sunshine

Pflugerville has 26 more sunny days per year than the national average. That's almost a month of extra pool parties and BBQ's!

Climate
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High Income

Pflugerville has a median household income well above

$80,000

That's nearly double the national average.

Household Income
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A good time to buy

Home Appreciation in Pflugerville, TX is up 9.4% in the last 12 months.

Sperling's Best Places

Housing
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Excellent Healthcare

With 3 healthcare facilities in town and 7 hospitals within less than 20 miles, Pflugerville's healthcare rivals that of any major metropolitan area.

Excellent Healthcare
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Smart Cookies

With 28 universities and colleges in close proximity to Pflugerville, it's no surprise that nearly 40% of residents hold a Bachelor’s degree or higher.

Education