|Updated Paycheck Protection Program Information |
As of May 16, 2020, 4,341,145 PPP loans have been approved nationwide totaling $513,271,137,359 from 5,496 lenders. Here in Rhode Island, 15,857 Rhode Island small businesses have been approved for PPP loans totaling $1,857,053,019.
PPP funds are still available to small businesses in need.
For information on participating lenders or how to apply contact RhodeIsland_DO@sba.gov.
For more information about PPP lending numbers and information click the link below. PPP Lending Report
For the most up to date answers to frequently asked questions regarding the Paycheck Protection Program click the link below. PPP FAQs (Updated 5/19/20)