What We Know
LAST UPDATED: Monday, May 11, 2020
This program is for any small business with less than 500 employees (subject to limited exceptions) including sole proprietors independent contractors and self-employed persons, 501(c)(3) non-profit organization, 501(c)(19) veterans organization and Tribal businesses affected by coronavirus/COVID-19.
Status on our acceptance of new applications may be obtained by contacting us at 1-800-837-2265. Please continue to visit us here for new updates.
You can also click here to view our pamphlet on the PPP Program, which was provided to the customers we have been able to assist so far.
Please remember that the program may be modified since this was published, and the most recent information can be found at www.sba.gov.
The information on this page is for general awareness purposes, and is based upon Small Business Administration (SBA) guidance released as of April 29, 2020. The program and its requirements are subject to change based upon additional SBA guidance. You should consult with your attorney, financial advisor, tax professional, or the Small Business Administration for guidance on specific questions you may have related to any loan obtained through the Paycheck Protection Program (PPP).
All applications are subject to review for verification of eligibility to participate in the Small Business Administration (SBA) Paycheck Protection Program (Program). All applications submitted are not complete until approved by AmeriServ and accepted by the SBA. Funds for the Program are available on a first come, first served basis, and AmeriServ cannot guarantee the timing of the submission of your loan to the SBA or that your loan will be approved by AmeriServ or accepted by the SBA. AmeriServ is not responsible for any false or misleading information provided by an applicant in any application for relief under the Program.