Apply Now for an SBA 7(a) Paycheck Protection Program (PPP) Loan for Coronavirus Relief

The US Government has responded to the COVID-19 pandemic with the Coronavirus Aid, Relief and Economic Security Act ("CARES Act"), which includes a new SBA 7(a) Loan Program designed to help franchisees and other small businesses in this time of crisis.

SBA 7(a) Paycheck Protection Program Loan

ApplePie Capital is proud to help small businesses quickly access the capital they need through this program. The information in the FAQs below is derived from a number of government issued reports, however exact details on eligibility, application and process will not be finalized until the SBA issues official guidance, which we understand should be later this week.

What is a PPP loan?
What types of businesses and entities are eligible for a PPP loan?
What are affiliation rules?
How is the loan size determined?
What costs are eligible for payroll?
What are allowable uses of loan proceeds?
What are the loan term, interest rate, and fees?
How is the forgiveness amount calculated?
How do I get forgiveness on my PPP loan?
What happens after the forgiveness period?
How does the PPP loan coordinate with SBA’s existing loans?
Can I apply for more than one PPP loan?
What information will I need to provide? How will I know if I am approved? How long does it take to get funded?
Can I take out this loan if I have an ApplePie Core loan?

How to Apply*

Step 1

Apply*

Fill out our quick application below and provide some basic documents.

Step 2

Connect

Once we’ve received your application our team will reach out and walk you through next steps.

Step 3

Funding

After review and approval, you’ll be on your way to receiving the funds you need.


New to ApplePie?

If you've never made a loan inquiry with us

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Previous Applicant or Current Customer?

Login and then select "Inquire About a New Loan" from your dashboard.

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*Important: At this time, it is unclear what the exact requirements are needed for this application until the SBA issues specific guidance. We have a good idea of what may be needed and are offering business owners the opportunity to start an application for this Program. Getting a head start on your application will help you to be closer to the top of our processing queue when we finally do get exact information requirements.

Webinar

Obtaining Coronavirus Relief with SBA 7(a) Paycheck Protection Program (PPP) Loans

Tuesday, March 31, 2020, 12pm PST / 3pm EST

The US Government has responded to the COVID-19 pandemic with the Coronavirus Aid, Relief and Economic Security Act ("CARES Act"), which includes a new SBA 7(a) Loan Program designed to help franchisees and other small businesses in this time of crisis.

ApplePie’s Chief Development Officer, Ron Feldman, will review the following in this webinar:

  • Current details of the program and the funding available
  • How PPP Loans are different from EIDL / SBA Disaster Relief Loans
  • Eligibility requirements
If you need help or more information, please contact us at [email protected].