Information for all American Legion Posts about the Paycheck Protection Program under the “CARES ACT” and how to file.
The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $349 billion toward job retention and certain other expenses.
Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are self-employed or are independent contractors, are eligible if they also meet program size standards.
Applications for the new Paycheck Protection Program (PPP) are being accepted starting April 3. For application instructions, loan requirements and other details, download our CARES Act & PPP Loan Overview available online at https://home.treasury.gov/cares