PPP Impact Report

2020 Paycheck Protection Program Impact Report

TruFund Financial Services, Inc. released its Paycheck Protection Program Impact Report to provide a comprehensive summary of TruFund’s penetration and outreach efforts to minority- and women-owned small businesses to deploy the Small Business Administration’s Paycheck Protection Program (PPP).
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"The PPP loan secured through TruFund allowed our agency to maintain operations during the COVID-19 pandemic. It came at a time when committed public funds were unexpectedly withdrawn and we were facing the possibility of staff reductions and service cuts. With our secured PPP loan, we have been able to stay fully staffed and continue to provide a full roster of services to our students." 

—Robert Taylor
Executive Director, Youth Action Youth Build
Harlem, New York  

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