Paycheck Protection Loans (PPP Loans)

This Program is currently closed.

New Legislation, signed into law on December 27th 2020, authorizes the Small Business Administration (SBA) to approved Paycheck Protection Program (PPP) loans up to $284.5 billion in allocated PPP funding.  Capital Today is ready to help small businesses like yours get access to these much needed funds. 

Paycheck Protection Program(PPP) Loans


Providing small business owners with the information about our products so they can make informed financial decisions.


Defer payments fir the first six months


PPP loans have an interest rate of 1% 

Guidance on PPP Loans so far

  • Small businesses with 300 or fewer employees that have sustained a 25 percent (or more) revenue loss in any quarter of 2020 are eligible to apply for a second draw PPP loan.
  • The maximum second draw PPP loan will be $2MM or 2.5x average monthly payroll like with the initial, first draw PPP loans (3.5x if a business is in NAICS Code 72).
  • For second draw PPP loan applicants seeking up to $150k, there will be a simple certification process attesting to the qualifying, quarterly revenue reductions, thus expediting these submissions.
  • It expands forgivable expenses (beyond the original eligibility) to include supplier costs (such as accounting and IT expenses) and investments in software, facility modifications, and personal protective equipment.
  • The loan forgiveness process for first draw and second draw PPP loans less than $150K will be simplified to a one-page certification (business owners will still need to provide the number of employees retained, amount spent on payroll, and total loan amount).