Business Resources for Information and Financial Assistance

Resources and assistance for business members

Business owners and employers have been especially impacted by COVID-19 (coronavirus). As a trusted provider of business services we want to make sure that all of our business members and members who may have business accounts elsewhere are equipped with the resources they require to weather the current situation.

Below we have compiled several trusted resources that may be able to help during these unprecedented times.

If you have any questions or would like to learn more about Ideal CU's business services please contact Business Relationship Specialist Josh Anderson by email at This email address is being protected from spambots. You need JavaScript enabled to view it. or call him at 651-773-2763.

PPP Flexibility Act Brings Important Changes to the Paycheck Protection Program

Small businesses struggling to remain afloat during the economic upheaval caused by the coronavirus pandemic received some relief with the passing of the Paycheck Protection Program (PPP) as part of the historic CARES Act. The program provides eligible businesses with unsecured loans to help them cover payroll, rent and other ongoing business expenses, with the possibility of partial or complete loan forgiveness.

On June 5, the Paycheck Protection Program Flexibility Act (PPPFA) was signed into law, making significant changes to the PPP program. Read our blog post to learn what you need to know about these changes. Read more.

If you have any questions or would like to learn more about Ideal CU's business services please contact Business Relationship Specialist Josh Anderson by email at This email address is being protected from spambots. You need JavaScript enabled to view it. or call him at 651-773-2763.