North Texas CDC is not a PPP or EIDL Lender. We cannot assist in submission of applications. Please contact your current lender first for assistance.
Loan Forgiveness and Deferment Information
Due to legislation that passed on Friday 03/27/2020, borrowers will receive a loan forgiveness for 6 months (this is not a deferment). However, if a borrower is already on deferment, the CARES Act debt forgiveness payments will activate at the end of the deferment period. The loan forgiveness will start April 1st.
You may reach our servicing department at (972) 526-0514 for more information.
**This information has been evolving and changing daily, as the SBA is writing the rules to go with the CARES Act. We will do our best to keep you informed as things evolve. Latest update 4/1/2020 11:30 am.