Second Draw Loans- Paycheck Protection Program (PPP)
The second round of PPP is here! After much deliberation, Congress finally agreed to approve a $900 billion COVID-19 relief package as part of the Consolidated Appropriations Act, 2021. Included in that amount is $284 billion for a second round of the Paycheck Protection Program (PPP). CFBank is proud to partner with ACAP and The Loan Source to fund these Second Draw Loans to small businesses across the country. We are confident that this partnership will allow us to continue to provide the highest quality of service to our clients. If you have any questions or need assistance with your application, please contact your Commercial Relationship Manager or one of our branches.