Preparing to Accept Paycheck Protection Program Applications
Farm Credit Southeast Missouri continues development of the SBA Paycheck Protection Program (PPP) application process and is awaiting SBA approval. Upon approval, Farm Credit Southeast Missouri will receive our SBA Lender ID, access to the SBA Application Portal, and can start processing applications. Because we do not have the official approval today, we respect your choice to use an outside lender who currently has access to the SBA Application Portal. The guidelines of the program state that it will be granted on a first-come, first-served basis with a limited amount of funding available. Our main objective is to ensure you have the information you need to secure funds to support your operations given the economic impact of COVID-19.When our SBA Lender status updates, we will let you know. Below is a link to the SBA’s “Frequently Asked Questions” page that may provide useful information related to the Paycheck Protection Program. Please let us know how we can assist you, and we thank you for your continued business and support of your cooperative!