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How much am I eligible to receive?

MoFi is providing PPP loans to eligible businesses up to $250,000. If you think you will qualify for greater than $250,000, we encourage you to work with a local bank or credit union.

First- and Second-Time PPP Loans:

  • 2.5x average monthly 2019 or 2020 payroll costs
  • For borrowers in the Accommodation and Food Services sector (click here for NAICS 72 to confirm), the maximum loan amount is 3.5x average monthly 2019 or 2020 payroll costs.