How CDFIs Can Support Their Communities Through PPP | A Success Story
Community Development Financial Institutions (CDFIs) will have early access to the next round of the Paycheck Protection Program (PPP) funding, per the latest guidance from the SBA. How can CDFIs use this opportunity to support their mission and their communities?
In this webinar, Abrigo and Optus Bank share how this South Carolina CDFI participated in the 2020 rounds of funding with the PPP and the impact they saw in their community.
Watch to learn:
- Quick overview of the Paycheck Protection Program and how it’s changed
- How this program will be unique for CDFI lenders
- How PPP originated loans can be a lifeline to struggling businesses in your CDFI’s charter