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Paycheck Protection Program - Round 2

Secure funding for your workforce*

Round two of funding is now open.

Start Application - Current Member Start Application - Non-member

If your business has been impacted by the Covid-19 pandemic, your business may be eligible to receive a Paycheck Protection Program (PPP) loan.  With additional funding approved for the U.S. Small Business Administration (SBA) to reopen the Paycheck Protection Program, Denver Community is now able to accept PPP loan applications for first-time and second-time borrowers.

Before You Get Started

  • Review the requirements to qualify for a PPP loan set forth by the SBA and the U.S. Treasury.
  • Be sure to have any required documentation readily available.  Start by using our borrower checklists available below.
  • Please note that Denver Community will roll EILD loans into PPP loan requests.
  • You do not have to be a Denver Community member to apply.  However, membership is required for loan funding.**

Borrower Checklists

Loan Details

  • Interest rate: 1%
  • Term
    • If loan was issued before 6/5/2020: 2 years
    • If loan was issued after 6/5/2020: 5 years

 

Contact Us

Have question?

Our Business Services Program Director can help!

Paycheck Protection Program – Round 2 Disclosures

*PPP loans are subject to SBA approval.  The Paycheck Protection Program is a program of the federal government.  The information contained on this webpage is for informational purposes only. Due to the complexity and evolving nature of PPP rules and guidance, we strongly advise you to seek guidance from your CPA, attorney or other advisor on any complicated PPP eligibility and/or loan forgiveness questions.  For complete details about the program, requirements, and guidance, please visit SBA.gov or Treasury.gov.

**To be a member of Denver Community Credit Union, you must live or work in Denver, Adams, Arapahoe or Jefferson county, be a family member of a current member, or be a member of Consumers United Colorado. A $25 deposit into a share account is required to open the membership.