Our Updated Business Hours, Branch Openings & Safety Measures

Paycheck Protection Program

The Paycheck Protection Program is a relief program available to eligible small businesses. As part of the CARES Act of 2020, the Paycheck Protection Program (PPP) was enacted to provide small business financial relief in response to the economic impact the coronavirus pandemic is causing. 

The PPP is implemented by the U.S. Small Business Administration (SBA), with support from the Department of the Treasury, to provide customers relief by providing funding to help Americans employed by small businesses toward job retention and certain other expenses.  PPP provides small businesses with funds to pay up to 8 weeks of payroll costs, including benefits, as well as mortgage interest, rent and utilities. 

Applications for the second round of the Paycheck Protection Program may be filed beginning Monday, April 27th.

For full terms of the program, visit www.sba.gov

Contact Midwest Heritage at 1-800-782-0521 or ppp-sba@mhbank.com with any questions or for more information about the Paycheck Protection Program. 

Eligibility 

  • Small Businesses with 500 or Fewer Employees
  • Eligible Nonprofit Organization
  • Veterans Organizations
  • Tribal Concerns
  • Self-Employed Individuals
  • Sole Proprietorships
  • Independent Contractors

(Refer to the SBA and Treasury sites for complete eligibility requirements.)

How to Apply

Submit the following items to Midwest Heritage at ppp-sba@mhbank.com by June 30, 2020. There is a funding cap. We encourage you to apply as soon as possible.

Contact Midwest Heritage

If you have any questions, contact Midwest Heritage at 1-800-782-0521 or ppp-sba@mhbank.com