SBA Payroll Protection Program (PPP) checklist & application

SBA Payroll Protection Program (PPP) checklist & application

Apr 28, 2020 Uncategorized by admin

American Samoa Government
P.O. Box 9 Pago Pago, American Samoa 96799
Office: (684) 633-4031 | Fax: (684) 633-1163 | Website: www.dbas.as

Press Release

To Our Valued Customers,
In the midst of this pandemic that has plagued the world, Development Bank of American Samoa
(DBAS) is working on ways to help our customers and the community. Coronavirus Aid, Relief, and
Economic Security (CARES) Act SBA Paycheck Protection Program (PPP) is offered by SBA to help
business owners. This assistance can help cover payroll, benefits, and other expenses for operation under
the CARES Act. These loans may be forgiven if borrowers maintain their payrolls during the crisis or
restore payrolls afterwards. If you and your business have been affected by COVID-19, between
February 15, 2020 and June 30, 2020 you are eligible to apply. Loans are available through June 30,
2020.
We are happy to inform you that Development Bank of American Samoa will be able to assist business
owners with compiling and complete PPP applications. DBAS values customer privacy and
confidentiality. All written information and materials disclosed or provided by the Borrower to
Development Bank of American Samoa is confidential information.
We look forward to help all our valued customers and the business community. For more information
and assistance please contact our office 633-4031 and we have staff standing by to assist with any of your
questions.

 

 

Thank You,
Development Bank of American Samoa

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