PPP – Second Draw
The brand new “PPP Second Draw” program is for small businesses, non-profits, sole proprietors, and independent contractors who have exhausted their initial PPP loan. The program will make new loans through March 31, 2021 or until the new funding is exhausted. Mid Penn Bank is strongly encouraging all borrowers to visit the Treasury Website to review the program requirements and borrower information before applying for a “Second Draw” loan. If, after reviewing the information, you meet the program requirements and would like to apply for a “Second Draw” PPP loan, please use the link below. Please note that final guidance from the SBA is still pending. Mid Penn Bank is unable to close or disburse any loan funds until authorized to do so by the SBA. Once authorization is received, Mid Penn may be in contact for additional information necessary to complete your application prior to submission to the SBA.
SBA TASK FORCE HOTLINE: 888-472-9778