Paycheck Protection Program

As part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the Paycheck Protection Program (PPP) provides 100% federally guaranteed loans to small businesses.

 

 

IMPORTANT NOTE

In order to process requests prior to the SBA PPP deadline, as of 5:00 p.m. on August 4, the secure portal is closed to new PPP applications. As a reminder, Cape Cod 5 cannot guarantee any loan requests submitted via the Cape Cod 5 portal (regardless of when submitted) will receive funding, and a loan request does not constitute a completed application to the SBA.

RETURNING USERS

If you have already requested a loan through our portal, click the button below to log in to view the status or update an existing request.
Log in to the portal

PPP LOAN FORGIVENESS RESOURCES

If you have already received a PPP loan through Cape Cod 5, we will be providing you with more information throughout the forgiveness phase of the program, including information on how to apply electronically once the SBA begins accepting forgiveness applications. Click the button below to access information and resources regarding preparing for potential PPP Loan Forgiveness.
View loan forgiveness information
When will my PPP loan be funded?
Based on the updated guidance from the SBA released on April 8, 2020, all PPP loans must be closed and funded within 10 calendar days following approval by the SBA. The PPP is a federal relief program implemented by the U.S. Treasury Department and all participating banks, including Cape Cod 5, must comply with the rules, requirements and processes set forth by these governing bodies. Future information released by these agencies may impact loan processing and closing.
Who can I email if I am having technical trouble with my submission?
If you experience technical issues with the secure portal or submitting your request, please email [email protected]
Where can I find information on the PPP from SBA?
The PPP is implemented by the SBA with support from the Department of the Treasury. Please visit their sites for complete information on this relief program. All PPP applicants and borrowers are responsible for reviewing the requirements of the program. 
 
SBA: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program
 
Treasury Department: https://home.treasury.gov/policy-issues/cares/assistance-for-small-businesses
Will my PPP Loan qualify for forgiveness?
We have compiled information relative to PPP loan forgiveness as currently mandated by the U.S. Treasury Department and SBA. Please note that future information released by these agencies may impact the forgiveness guidelines below and all participating banks, including Cape Cod 5, will follow applicable regulations to determine the loan amount that is forgivable.
Learn more about PPP Loan Forgiveness

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