OnPath Credit Union
OnPath FCU is currently accepting applications for the SBA Paycheck Protection Program via Kabbage. Please note, that this is a federally backed and funded loan program and OnPath FCU cannot guarantee any funding of these loans as the situation is changing rapidly.
Paycheck Protection Program
We’ve partnered with Kabbage to help you access critical funds through SBA’s Paycheck Protection Program. Apply online for the relief funds your business needs.
COVID-19 Paycheck Protection Program in Greater New Orleans
The Coronavirus Aid, Relief and Economic Security (CARES) Act allocated additional funds to help small businesses maintain their payroll, cover certain expenses, and hire back employees that had been laid off amid the pandemic and economic downturn. Known as the Paycheck Protection Program (PPP), the initiative provides 100% federally guaranteed loans to small businesses. Importantly, these loans may be forgiven if borrowers maintain their payrolls during the crisis or restore their payrolls afterward.
The Small Business Administration and U.S. Treasury Department will open the Paycheck Protection Program (PPP) Loan Portal on January 11, 2021 for new borrowers and certain existing PPP borrowers.
At OnPath FCU we are here to guide you with the resources necessary for you to apply for this loan. Please pay close attention to the guidelines established by the Small Business Administration (SBA) in order to qualify for this loan.
If you own a small business please take advantage of the following resources: