Paycheck Protection Program.

Amur, an approved SBA PPP lender, is one of the largest independents in the US. In the first round, we helped many small businesses gain access to the relief funds they desperately needed. Our portal provides a seamless application process making it easy for you to apply and secure your place in line for the next round of PPP.

Click Here To Apply for PPP Today!

Here’s what you’ll need to be eligible for a PPP2:

  • Demonstrate at least a 25% reduction in gross receipts (to be defined by SBA) in any quarter of 2020 relative to the same quarter in 2019.
  • Employ fewer than 300 employees

SBA Update:

  • From Wednesday, February 24th to– March 9th, 2021, exclusive access to the Paycheck Protection Program will be provided to the nation’s smallest businesses for two weeks, to help them survive, reopen, and rebuild. .
  • Businesses with more than 20 employees can still apply, Amur can still process your application, submissions to the SBA will resume on March 10th, 2021.

Low Interest Rate

1% fixed APR for the life of the loan

Payment Deferral

Payments deferred for 10 months

Loan Forgiveness

On all qualified business expenses

Frequently Asked Questions

The PPP is a loan program that provides government-guaranteed, forgivable loans for qualifying small businesses to maintain their payrolls and pay other qualifying business expenses (meaning that, if you use the loan funds as directed and follow all other program requirements, you won’t need to pay the loan back).

If you have not yet received a PPP loan, you may qualify if you were in operation on Feb. 15, 2020 and:

  • You have 500 or fewer employees;
  • You are a sole proprietor, independent contractor or an eligible self-employed individual;
  • You are a not for profit, including a church;
  • You are a Section 501(c) organization such as a housing cooperative, business league or similar organization with 300 or fewer employees; or
  • You are a qualifying news organization or and tribal business with 500 or fewer employees.

Who qualifies for a second draw PPP loan?

  • You have 300 or fewer employees;
  • You experienced a revenue reduction of 25% or greater in any quarter of 2020 relative to the same quarter of 2019;
  • You have used, or will use, the full amount of your First Draw PPP loan on or before the expected date on which the Second Draw PPP loan is disbursed to you; and
  • You have used, or will use, the full amount of your First Draw PPP loan on qualifying expenses under PPP applicable rules.

This time around, the SBA has increased eligibility for PPP loans to some business types that were excluded from previous rounds of PPP. These businesses that are now eligible to receive funding include

  • News organizations
  • Some hospitals owned by government entities
  • Electric, telephone, and housing cooperatives
  • 501(c)(6) organizations and 501(c)(19) tax-exempt veterans’ organizations
  • Tribal businesses
  • Destination marketing organizations
  • Certain faith-based organizations

PPP loans are calculated based on 2.5 times your business’s (or organization’s) monthly payroll costs. If you own a restaurant, hotel, or live venue that falls under a NAICS code starting with 72, you can apply for 3.5 times your monthly payroll costs for your Second Draw.

Yes, your PPP expenses will be tax-deductible.

Once a borrower receives a Preferred Lender Program (PLP) number for their loan, the loan is approved by the SBA, and funds are reserved for the borrower. Starting on the date a borrower receives a PLP number, the lender has 10 calendar days to disburse your funds. The loan must be disbursed in full, and the 24-week loan forgiveness period begins the day funds are disbursed.

If you don't apply for forgiveness, your first payment will be due 10 months after the program expires. All loans are due in five years, if not forgiven. If you have a PPP loan with an original term of two years, you can contact your PPP lender to request an extension to five years.

Yes, you can qualify for a PPP loan even if you already have other loans, including other SBA loans. However, you cannot use the funds from PPP loans and other loans for duplicate use at the same time. For example, if you use a disaster loan (EIDL) to pay your business’s rent in January, you cannot also apply for a PPP loan to cover January rent.

No. Lenders are not allowed to impose fees on borrowers under the program.

You can have up to 24 weeks of payroll costs forgiven, plus up to 40% of that amount if used for other forgivable expenses. If you use less than 60% of loan funds on payroll expenses, you will continue to be eligible for partial loan forgiveness, subject to at least 60% of the loan forgiveness amount having been used for payroll costs.

You can apply for your PPP funds now with Amur at

For details on how to apply for forgiveness, visit our Help Center.

You can learn more details about the Paycheck Protection Program at

REPORT SUSPICIOUS ACTIVITY The Small Business Administration (SBA) has taken numerous steps to reduce waste and abuse of the Paycheck Protection Program (PPP). Amur and our partners fully support the SBA’s efforts and are cooperating with the SBA’s to combat fraud and improper activity during the Paycheck Protection Program. You can visit to report your concerns at any time or by contacting the SBA Inspector General via private phone hotline at 800-767-0385.