Loans Issued BY Rural Community Assistance Corporation

Loan Amount Company Name Location Lender
$350K-1M COMITE DE BIEN ESTAR, INC. San luis , AZ Rural Community Assistance Corporation
$150K-350K AJAX MOUNTAIN ENTERPRISES, LLC Globe , AZ Rural Community Assistance Corporation
$1-2M J&M LABOR SERVICE, INC Sanger , CA Rural Community Assistance Corporation
$350K-1M CALIFORNIA RURAL LEGAL ASSISTANCE FOUNDATION, INC. Sacramento , CA Rural Community Assistance Corporation
$350K-1M MOTHER LODE REHABILITATION ENTERPRISES INC. Placerville , CA Rural Community Assistance Corporation
$350K-1M SACRAMENTO NEIGHBORHOOD HOUSING SERVICES, INC. Sacramento , CA Rural Community Assistance Corporation
$350K-1M UNITED CEREBRAL PALSY ASSOCIATION OF SAN LUIS OBISPO COUNTY San luis obispo , CA Rural Community Assistance Corporation
$150K-350K INLAND MEDIATION BOARD Ontario , CA Rural Community Assistance Corporation
$150K-350K PROGRESS HOUSE INC. Placerville , CA Rural Community Assistance Corporation
$150K-350K SOUTH YUBA CLUB, INC. Grass valley , CA Rural Community Assistance Corporation
$150K-350K THE WATERSHED RESEARCH AND TRAINING CENTER Hayfork , CA Rural Community Assistance Corporation
$350K-1M ZUNI HOUSING AUTHORITY Zuni , NM Rural Community Assistance Corporation
$1-2M KLA-MO-YA Chiloquin , OR Rural Community Assistance Corporation
$150K-350K BUILDINGCOMMUNITYWORKSHOP Dallas , TX Rural Community Assistance Corporation
$1 -150K JUNGLE JIM’S FLOORCOVERING LLC. Anchorage , AK Rural Community Assistance Corporation
$1 -150K FAIRBANKS ECONOMIC DEVELOPMENT CORPORATION Fairbanks , AK Rural Community Assistance Corporation
$1 -150K CADEN SMEATON Dillingham , AK Rural Community Assistance Corporation
$1 -150K EVELYN COOPCHIAK Togiak , AK Rural Community Assistance Corporation
$1 -150K FRANK LOGUSAK Togiak , AK Rural Community Assistance Corporation
$1 -150K LOUIE ALAKAYAK Manokotak , AK Rural Community Assistance Corporation
$1 -150K ANUSKA AYOJIAK Togiak , AK Rural Community Assistance Corporation
$1 -150K MOSES KRITZ Togiak , AK Rural Community Assistance Corporation
$1 -150K WALTER KANULIE Togiak , AK Rural Community Assistance Corporation
$1 -150K MOSES TOYUKAK Manokotak , AK Rural Community Assistance Corporation
$1 -150K ANDRE RUE Naknek , AK Rural Community Assistance Corporation
$1 -150K LEGACY ALASKA LLC Copper center , AK Rural Community Assistance Corporation
$1 -150K JOANN M. MCCLAIN Seward , AK Rural Community Assistance Corporation
$1 -150K ANGELIQUE STANTON Nikiski , AK Rural Community Assistance Corporation
$1 -150K OLEKSANDR BALITSKYI Wasilla , AK Rural Community Assistance Corporation
$1 -150K MARY FRANCES DEHART Slana , AK Rural Community Assistance Corporation
$1 -150K SHERRY CORRINGTON Skagway , AK Rural Community Assistance Corporation
$1 -150K JAMES AND LAURA HENDRICKS Healy , AK Rural Community Assistance Corporation
$1 -150K TNT TRANSPORTATION LLC. Kenai , AK Rural Community Assistance Corporation
$1 -150K DAVID THOMAS LAKINGS Chiniak , AK Rural Community Assistance Corporation
$1 -150K KAREN M. VASQUEZ Soldotna , AK Rural Community Assistance Corporation

Frequently Asked Questions (FAQs)

A1: The CARES Act, officially known as the Coronavirus Aid, Relief, and Economic Security Act, is a federal law passed in March 2020 to provide economic relief to individuals, businesses, and healthcare providers affected by the COVID-19 pandemic.

The Paycheck Protection Program (PPP) is a part of the CARES Act designed to provide forgivable loans to small businesses to help cover payroll costs, rent, and other eligible expenses during the COVID-19 pandemic.

Small businesses, nonprofits, independent contractors, and self-employed individuals were generally eligible for PPP loans. Eligibility criteria and requirements may vary, so it's essential to check with the Small Business Administration (SBA) or your lender for specific details.

PPP loans were generally calculated based on a business's average monthly payroll costs. In most cases, businesses could receive up to 2.5 times their average monthly payroll costs, up to a maximum loan amount.

Yes, PPP loans are forgivable if the funds are used for eligible expenses like payroll, rent, and utilities. A certain percentage (usually 60% or more) of the loan must be used for payroll to qualify for full forgiveness

You can apply for a PPP loan through participating lenders, such as banks and credit unions. The SBA's website provides a list of lenders who participated in the program

Required documents typically include payroll records, tax forms, and other financial documents. Consult with your lender for specific documentation requirements

Deadlines for PPP loan applications have changed over time. It's essential to check the latest deadlines on the SBA's website or with your lender.

Yes, there is a second round of PPP loans (PPP2) available to eligible businesses. Requirements and eligibility criteria for PPP2 may differ from the first round.

You can request loan forgiveness through your lender by submitting the required documentation and forms. The forgiveness application process may vary based on the size and terms of your loan.