Paycheck Protection Program (PPP)

Powered by Bankers Healthcare Group

American Podiatric Medical Association members who did not receive a PPP loan in 2020 can now apply for a PPP loan through our partner, Fund-Ex Solutions Group.

The program provides cash-flow assistance through 100% federally guaranteed loans to small businesses that maintain their payroll during the pandemic. If you use funds primarily to maintain your payroll, the loans can be forgiven, as the objective of the program is to allow staff to remain employed.

This is for first time PPP borrowers only. If you currently have a PPP loan through another bank or lender, you will not qualify for a loan through FSG.

If you have not previously received a PPP loan, please complete the form below.

PPP features include:

  • Loans can be up to 2.5X the borrower's average monthly payroll costs, not to exceed $10 million.
  • Forgiveness of up to 24 weeks of payroll based on employee retention and salary levels.
  • Up to 16 months of payment deferral.

This program is available through March 31, 2021

Fast funding

1% interest for life of loan

Apply for potential loan forgiveness after spending funds on eligible expenses

No payments on your loan for first 12-16 months

No collateral or guarantee requirements

No fees

Please provide some basic information below.

We'll reach out with additional information and next steps as the SBA Paycheck Protection Program is finalized. There is no need for you to follow up. We will get back to you.

We are no longer accepting applicants for our PPP program.