How CDFIs and MDIs Can Help Your Business Get a PPP Loan | NAWBO

By the editors at NAWBO partner Gusto

On December 27, 2020, a new bill was signed into law called the Consolidated Appropriations Act, 2021. The bill includes an extension of the Paycheck Protection Program (PPP) and dedicated set-asides for CDFI and MDIs.

On January 7, 2021, the SBA released Guidance on Accessing Capital for Minority, Underserved, Veteran and Women-Owned Businesses.

We’ll talk you through how this legislation may help your small business access a loan—even if you missed out on PPP the first time around. 

Click here to read the full article on the Gusto website. 


About Gusto

Launched in 2012 as ZenPayroll, Gusto serves more than 100,000 businesses nationwide. Each year, they process tens of billions of dollars of payroll and provide employee benefits—like health insurance and 401(k) accounts—while helping companies create incredible workplaces.