The SBA has reopened the Paycheck Protection Program. As a CDFI and nonprofit community lender, BCL of Texas is authorized to make PPP loans up to $250,000. Businesses needing a larger loan amount will need to apply through a private lender. We are now accepting inquiries for both first and second draws.

To make the application process go as quickly as possible, please follow these steps:

1. Review the Required Documents Checklist and gather as many of the documents as possible.
2. Choose your PPP application type and fill out the form. Schedule C is a new option for self-employed individuals who file Form 1040 and want to use gross income instead of net profit to calculate their loan amount.
   
   First Draw: You have not had a previous PPP loan.
   First Draw standard application OR
   First Draw Schedule C
   
   Second Draw: This is your second PPP loan.
   Second Draw standard application OR
   Second Draw Schedule C
   
   
3. Fill out the Applicant Certification Form.
4. Complete the PPP Inquiry Application through our online portal and attach documents from the checklist.

Note: Inquiry forms are not full applications and do not guarantee a PPP loan through BCL of Texas. If you have additional questions, you may email us at lending@bcloftexas.org.

Please allow up to 72 hours for a response to your inquiry. We share your urgency in getting these funds out to our small business community and will follow up with you as quickly as we are able to.