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Paycheck Protection Program Loans

This page provides information for our Business Members about SBA Paycheck Protection Program loans

As part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the U.S. Congress and President created the Paycheck Protection Program (PPP) to help small businesses pay their employees and certain other expenses during the COVID-19 pandemic. Use the links below to find more information about PPP loan applications or PPP loan forgiveness.

PPP loan funds have been exhausted and Royal is no longer accepting new PPP loan applications. We continue to accept PPP Loan Forgiveness applications.

Paycheck Protection Program Loan Forgiveness

PPP Loan Forgiveness
Paycheck Protection Program Loan Applications

First Draw PPP Loan Information
Paycheck Protection Program Loan Applications

Second Draw PPP Loan Information

About PPP Loans At Royal Credit Union

Royal Credit Union is proud to serve businesses of all sizes with Paycheck Protection Program loans! We acted quickly to provide our business Members access to PPP loans as soon as they were available from the Small Business Administration. We've been able to offer nearly 1,300 PPP loans, providing vital support to our business Members and our local communities to offset the economic impact of the COVID-19 pandemic.

Because we're a Member-owned credit union, our relationship with our Members is more important than anything to us. We continue to work through ongoing changes to the PPP loan program together with our business Members. Use the links above to get more information about PPP loan applications and forgiveness at Royal Credit Union.