Congress passed and President Trump signed amendments to the March 2020 CARES and other laws to create a new round of Paycheck Protection Program Loans to first-time borrowers. Firms and organizations which were eligible in 2020 remain eligible, however eligibility has also been expanded to include other types of organizations. See the eligibility details below. AFNB is now taking PPP First Draw Loan applications. You can apply by using the link.
1st Draw (New Borrowers)
First Draw PPP loans are available for eligible businesses which were not previously approved for a PPP Loan.
2nd Draw (Existing Borrowers)
Second Draw PPP loans are available for eligible businesses which received and exhausted a PPP Loan in 2020.