Paycheck Protection Program Loans - Second Draw Program (PPP)
A COVID-19 disaster relief program designed to give existing PPP borrowers additional funds
Many businesses have continued to be negatively impacted by COVID-19. You need additional money to keep things afloat and pay your employees, but your first PPP loan has run dry.
At Watertown Savings Bank, both existing PPP borrowers and new clients alike can access a second PPP loan. You’ll benefit from a lender that helped more than 600 businesses access the first round of PPP and knowledgeable staff members that will support you through your second application. You’ll also continue to receive information that will streamline the loan forgiveness process.
The Second Draw Paycheck Protection Program is an SBA loan program launched to help small businesses during ongoing COVID-19 related restrictions and closures. Like your first PPP loan, your second PPP loan can also be forgiven. Learn more about how a Second Draw PPP loan can benefit your business.
Apply Now for PPP (Second Draw)