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How Nonprofits Can Apply for Loans and Other Emergency Benefits

Category: Financial Stability

In this Chronicle of Philanthropy article, Dan Parks and Michael Theis provide useful information on who can apply for nonprofit loans and what types of monies are available during the COVID-19 pandemic.

“In particular, nonprofits should prepare documents related to employee pay and benefits.”

– Dan Parks and Michael Theis

Nonprofits interested in taking advantage of new emergency loans and other aid programs should get their papers in order, contact their local FDIC-insured bank, and prepare to move quickly, nonprofit policy experts say. The application process for many benefits opens Friday.

Continue Reading at The Chronicle of Philanthropy

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