Business Loans


At APCU, we know that unexpected challenges, like the spread of COVID-19, can significantly impact the financial stability of your small business. The Paycheck Protection Program provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits.

Funds are provided in the form of loans that will be fully forgiven* when used for payroll costs, interest on mortgages, rent, and utilities (due to likely high subscription, at least 75% of the forgiven amount must have been used for payroll). Loan payments will also be deferred for six months. No collateral or personal guarantees are required. Neither the government nor lenders will charge small businesses any fees.

*Forgiveness is based on the employer maintaining or quickly rehiring employees and maintaining salary levels. Forgiveness will be reduced if full-time headcount declines, or if salaries and wages decrease.

Your Small Business Is Eligible

Small businesses with 500 or fewer employees — including nonprofits, veterans’ organizations, tribal concerns, self-employed individuals, sole proprietorships, and independent contractors — are eligible. Businesses with more than 500 employees are eligible in certain industries.

When to Apply

The Small Business Paycheck Protection Program has been extended. You may apply until August 8, 2020; however, we encourage you to apply as quickly as you can because there is a funding cap.

How to Apply

Click here to apply for the Small Business Paycheck Protection Program. This link includes information about the program and a button to start your online application. The Paycheck Protection Program is implemented by the Small Business Administration with support from the Department of the Treasury.

Other Business Loan Options

Atlanta Postal Credit Union has money to lend for just about any worthwhile purpose — even for purchases of vehicles and equipment related to a business owned and/or operated by a member. The Credit Union also provides attractive post office mortgage, and business and investment property financing.

We offer extremely competitive rates and we are well-positioned to assist you with your specific financing needs. So if you are thinking about adding a new vehicle, purchasing additional equipment for your business or financing a mortgage for business or investment property, call Atlanta Postal Credit Union first. You can reach APCU's Business Lending Center toll-free at (800) 849-8431, or locally at (404) 768-4126.

Business Loans