Newtek Business Lending

As you are no doubt aware, a second round of PPP funding is now available to small businesses across the United States. As the country’s largest non-bank government guaranteed lender, Newtek Business Lending has already secured funding for thousands of businesses during this latest round.

Here are a few key highlights about PPP loans, along with a link to begin the application process. Please share this information with any clients or associates who could benefit from this vital assistance
  • Business owners with fewer than 500 employees can apply for a first PPP loan if they have already received one
  • Existing PPP borrowers, may apply for a 2nd PPP loan
  • The 2nd round PPP loan offers funds to businesses under 300 employees, with the loan calculated at 2.5 times payroll, 3.5 for select industries
  • Funds can be used for payroll and overhead
  • Businesses must demonstrate at least a 25 percent reduction in gross receipts in any quarter of 2020, including the fourth, relative to the same 2019 quarter
Request Application
Please note: We are using email as the primary form of communication for the PPP application process. A valid email address in necessary to proceed.

Thank you for your consideration and we look forward to assisting any way we can.

Regards,
Newtek Business Services Corp
Contact:
Newtek Business Services Corp
Email: info@newtekone.com