Paycheck Protection Program

LEDC is a Community Development Financial Institution (CDFI) approved by the SBA to disburse PPP loans in Maryland, Washington DC, Northern Virginia, and Puerto Rico. Further down on this webpage you will see PPP forgiveness information and SBA reports. 

NOTE: The SBA closed the Paycheck Protection Program on May 31, 2021.

Forgiveness:

• Simple Forgiveness Application and Instructions - Loans of $150,000 or Less (English)
• EZ Forgiveness Application and Instructions (English)
• Forgiveness Application and Instructions (English)

SBA Reports:

• SBA PPP Report: Approvals through 05/31/2021 (English)
• SBA PPP Report: Approvals through 08/08/2020 (English)
• SBA Guidance on Accessing Capital for Minority, Underserved, Veteran
  and Women-Owned Business Concerns (English)

More Information About PPP:

• Review LEDC's Informative Session (English) / (Español)
• PPP First Draw Loans Overview (English) / (Español)
• PPP Second Draw Loans Overview (English) / (Español)
• How to Calculate First Draw PPP Loan Amounts (English)
• How to Calculate Revenue Reduction and Second Draw PPP Loan Amounts (English)
• More Information Available on SBA Website (English) / (Español)