News & Press: Surveying News

Paycheck Protection Program

Tuesday, April 7, 2020   (0 Comments)
Posted by: Burk Cornelius
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This is a trying time for many small surveying businesses. If you are a small business owner and have been adversely affected by the COVID-19 pandemic, there is a program available just for you. PLEASE call your local banker and tell them you are interested in the Paycheck Protection Program ("PPP").

If you do not have an available banking professional, contact my friend Jed Waggoner at F&M Bank Jed.Waggoner@fmbankok.com. He will advise you and also process your loan, if needed. DO NOT LET YOUR BUSINESS FAIL. TALK TO YOUR BANKER.

The best thing about this loan is that the dept will be forgiven as long as:

  • The loan proceeds are used to cover payroll costs, and most mortgage interest, rent, and utility costs over the 8 week period after the loan is made; and
  • Employee and compensation levels are maintained.

CLICK HERE FOR DETAILS ON THE PROGRAM

CLICK HERE FOR AN APPLICATION


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