Greylock is proud to help support our many small business members affected by the COVID-19 crisis. We encourage you to check with your accountant or attorney to determine which program works best for you. Greylock can not provide advice on which program best suits your business’s needs.
The Paycheck Protection Program (PPP) is a federal relief loan program designed to provide a direct incentive for small businesses to keep their workers on the payroll.
The SBA has stated they may forgive all or part of a loan if employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.
As of May 6th, Greylock approved over $28 million in PPP Loans, helping to save over 3,700 jobs.
Questions? Call our PPP Helpline at (413) 236-4041