paycheck protection program

Recovery Begins Here

The Paycheck Protection Program (PPP) is a U.S. Small Business Administration (SBA) loan program designed to incentivize small businesses to keep their employees on payroll. Small businesses receiving PPP loans will be eligible for loan forgiveness if all employees are kept on the payroll for eight weeks and the money is used for payroll (at least 75%), rent, mortgage interest, or utilities.

As a nonprofit, non-bank SBA lender, Community Reinvestment Fund, USA (CRF) is uniquely positioned to serve small businesses and nonprofits with SBA PPP loans . Our nationwide network of mission-based partners helps CRF target PPP funds to small businesses that are making a difference in their communities.

Community Development Financial Institutions (CDFIs) like CRF share a common goal of bringing economic opportunity to communities in need. Now more than ever before, small local businesses need the innovative financial solutions CDFIs provide.

CRF’s Impact


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“The PPP loan from CRF helped take the stress out of my life and out of the lives of our families, knowing we would continue to operate post-pandemic.”

Sylvia Crews, Owner, LTH Infants and Toddlers

“We knew we owed it to our employees to get through this. We owed it to our customers too. Our PPP loan from CRF gave us a cushion to withstand the next wave and serve our customers.”

Thinh Pham, Owner, iPho by Saigon

“Families simply rely on us for services, and if we can’t provide them, then the families go without. We knew we couldn’t fail, and our PPP loan from CRF was more than a relief to our organization; it was a relief for every single family we serve.”

Brian Pollard, Founder, Urban Collaborative Project


CRF has a long history of bringing capital to communities and bridging a divide between traditional lending institutions, small businesses and nonprofits making a difference in their communities. It is our purpose, our mission and our passion.

We work with our community partners to deliver much-needed capital to nonprofits and small businesses across the country whenever and wherever recovery is happening.

CRF also works with other Community Development Financial Institutions (CDFIs) and mission-driven lenders to help ensure that PPP loans are provided at the community level and accessible to all.

Together, we are uniquely suited to deliver PPP loans at scale to the small business owners and nonprofits who may not be able to access them through traditional financial institutions.

With generous support from our funding partners, CRF is able to direct PPP capital where it’s most needed and where it creates the biggest community impact.

All loans subject to credit approval and final guidance from the SBA on the Paycheck Protection Program. Funds are limited and subject to availability.

The characteristics of the SBA Paycheck Protection Program are from the Coronavirus Aid, Relief and Economic Security (CARES) Act, which was signed into law by President Trump on March 27, 2020.

The information provided is solely for general knowledge and does not provide any professional advice regarding tax, accounting, legal, financial, or any other professional service. PPP borrowers should contact their professional service providers for a complete understanding of the PPP program requirements and forgiveness processes.

SBA regulations regarding the PPP program are subject to further limitations and changes. Borrowers must follow current regulations and processes based on SBA guidelines. All terms and information are subject to change upon further guidance from the U.S. government.

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