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Paycheck Protection Program Update

Paycheck Protection Program  (PPP)

(updated January 14, 2021)

 

Recently the SBA and the Treasury Department announced that the Paycheck Protection Program will re-open this month.  In our continued effort to support our customers, borrowers will be able to access the online application portal beginning January 15, 2021

PPP Loan Applications will be available to both First Draw and Second Draw applicants.  . Eligibility Guidelines can be found here:  First Draw   Second Draw

Lowell Five is accepting applications for existing customers only.  .

If you are interested in applying, please contact our customer service center at 978-452-1300.

For complete information on the SBA Paycheck Protection Program, please visit the SBA website.