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Business Member Updates
Greylock is proud to help support our many small business members affected by the COVID-19 crisis.
Business Member Updates
As of December 31st, Greylock approved over $30 million in PPP Loans, helping to save over 4,000 jobs.
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The Paycheck Protection Program
May 06, 2021 | Business Member UpdatesWho can apply:
We are only accepting applications from businesses located in Hampden, Hampshire, Franklin and Berkshire Counties in Massachusetts; Bennington County, Vermont; and Columbia County New York. Priority will be given to current Greylock business members.
These potentially forgivable loans are available to new applicants as well as first draw recipients that have or will have used the full amount of their first loan prior to the distribution of their second loan.
The new round adds 501(c)(6) organizations, destination marketing organizations, housing cooperatives, newspapers, broadcasters and radio stations to the list of qualifying organizations and also includes the same types of organizations as allowed in the first draw of PPP funding.
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PPP Loan Forgiveness
May 06, 2021 | Business Member UpdatesWe are not yet accepting applications for forgiveness of PPP loans granted in 2021. Please check back in June for more information.
To apply for forgiveness of your Paycheck Protection Program (PPP) loan, you the Borrower must complete the application as directed, and submit it to your Lender who is servicing your PPP loan. Read more...
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