If you would like more information on our PPP lending or the forgiveness process, please visit our Paycheck Protection Loans page.
Self-Help’s Paycheck Protection Program (PPP) lending is strongly focused on assisting nonprofits and small businesses run by women and people of color, especially those that currently partner with us for financial services or social justice.
The PPP, offered through the U.S. Small Business Administration (SBA), has been a major response to provide economic relief during COVID-19. PPP loans are forgivable under specified conditions, and they provide a direct incentive for small businesses to keep employing their workers.
Meet just a few of the small businesses and nonprofits we have been privileged to serve:
Building a Better World One Block at a Time
My Block My Hood My City (aka M3) is here to start the conversations that cultivate a deeper connection to our communities and the people within them in order to ensure everyone has what they need to succeed. They work tirelessly to empower Chicago neighbors with knowledge, and inspire them with opportunity, so they can take positive action with confidence, creating a new world of possibilities for themselves and their families - and ultimately, the block, the hood, and the city, too. With help from a PPP loan, the entire staff was able to stay on with full pay, serving and supporting approximately 20,000 people over the last 18 months. Learn more here.
Developing Workforce Solutions in Unprecedented Times
Developing Workforce Solutions in Unprecedented Times
Employ Milwaukee has been serving Milwaukee County for well over 30 years. Their mission is to build a strong workforce development system by planning, coordinating, collaborating and monitoring workforce initiatives with businesses, partners, and community stakeholders at the local, regional and state level to ensure a skilled and productive workforce for the 21st century. With help from a PPP loan, the organization was able to keep their entire staff on the payroll with the tools needed to work safely from home; offer remote training and counseling to hundreds of job seekers; initiate a drive-thru job fair; and place 500 youth in summer jobs.
Developing Workforce Solutions in Unprecedented Times