SBA Paycheck Protection Plan
We are now accepting PPP Applications through our on-line portal. Before you apply, please read the following information.
We can only accept applications through our online portal. Please do not send paper applications by mail or submit them at a branch.
If you already have a PPP loan from SF Fire CU, and want to apply for a second loan (referred to by the SBA as a "Second Draw Loan"), you will receive an email from us with a link to the online portal.
If you have not received one by Wednesday, September 22nd please send an email to [email protected] with the subject line “ACCESS.”
Before you apply, please review these guidelines to determine your eligibility for a Second Draw Loan.
If you have not previously received a PPP Loan but want to apply, please review these guidelines. Loans to new PPP borrowers are known as "First Draw Loans." These loans are subject to the following additional guidelines:
- Must have a membership created on or before 12/01/2020 (business or personal)
- If you are a personal member, but not a business member, you will need to create a business membership before applying
- We will only accept online applications through our portal. Do not submit paper applications.
- Minimum loan size (for First Draw Loans) is $5,000
- Loans over $350,000 are subject to prior approval
To apply for a First Draw loan, please email your request to [email protected] with the subject line “First Draw.” Include your name and member number.
Please remember, the deadline for First or Second Draw applications is May, 31st.
If you have a business membership and meet the guidelines above, we will send you the link to our online portal. If you meet the guidelines but need to create a business membership, we will be in touch to help you with that process.
We understand how important these loans are to you and your small business. For the latest updates and information from the Small Business Administration, please visit the SBA's website.
Please note: we fully anticipate that there will be enough funding for this new round of loans. There's no need to worry or rush. You have time.
If you still have questions about applying for an SBA PPP Loan from SF Fire, please email [email protected]. We will respond within 24 hours.