PPP 2021 Archives - MoFi

Who is MoFi?

Can you tell me more about MoFi’s PPP lending? Who is MoFi providing PPP loans to?

What business types are eligible for PPP?

What payroll costs are eligible?

How much am I eligible to receive?

Which businesses are eligible for a first PPP loan?

Which businesses are eligible for a second PPP loan?

Can you tell me more about the 25% reduction in gross receipts?

Will my PPP loan qualify for SBA forgiveness?

What materials do I need to apply?

What is the deadline to apply?

How long does the process take, and when will I receive funds?

What are the rates and terms for Second Draw PPP Loans if I do not meet the 25% revenue reduction that is required for forgiveness?