SBA Paycheck Protection Program

SBA Paycheck Protection Program

SBA Coronavirus Relief Loans from Trihawk Capital

The White House announced a $300 billion relief package that enables select lenders to provide SBA 7a relief and recovery loans to businesses impacted by the COVID-19 pandemic. Trihawk Capital is among the few lenders offering Coronavirus SBA relief loans to businesses nationwide.

Important Information for Business Owners

The Emergency Coronavirus Relief package was revealed on March 19, 2020 as part of the Coronavirus Aid, Relief, and Economic Securities Act (CARES) as well as the Keeping Workers Paid and Employed Act. The relief package includes:

$300 billion in SBA 7a relief and recovery loans
Loan amounts up to $10 million
Loans are structured around the average payroll payments per month, rent and/or mortgage payments, and other debt obligations. Loans for seasonal businesses are structured around payroll for the period of March 1, 2019 through June 30, 2019.
Relief loans are only applicable to payroll support, health benefits, medical leave, employee salaries, rent, mortgage, utilities, and other debt obligations. SBA relief loans cannot be used for acquisitions, commercial real estate, or other purposes outlined for typical SBA 7a loans.
SBA relief loans are 100% government-guarantied through December 31, 2020.

Relief loans are available for eligible SBA borrowers and not-for-profit organizations.
Underwriting will be delegated to select lenders to expedite the loan process.
Lender and borrower guarantee fees will be waived.
Borrowers will be eligible for loan forgiveness equal to payroll costs and debt-related expenses between March 1, 2020 and June 30, 2020. The forgiveness will be reduced based on the number of employees laid off and will exclude employees with salaries of $100,000 or above.
All payroll costs must be verified by lenders.

The Application Process for SBA Relief Loans from Trihawk Capital

Apply

Fill out the application below as well as the required documentation.

Download Form

Connect with Our Team

The experts at Trihawk Capital will reach out to you after we’ve received your application and guide you through the next steps.

Receive Financing

Once we have reviewed and approved your application, you will receive financing quickly and efficiently.

Need assistance? Contact Trihawk Capital at 732-784-1808