Credit Human Expands Paycheck Protection Program (PPP)

Credit Human is expanding our Paycheck Protection Program (PPP) to our manufactured housing (MH) business partners and members of the MH associations.  The PPP is a Small Business Administration (SBA) loan that helps keep the employees of small businesses on the payroll during this pandemic.

With this loan program, all or a portion of the loan may be forgiven if you keep employees on the payroll for eight weeks. Other loan parameters include:

  • Funds are to be used for payroll costs, interest on mortgages, rent, and utilities
  • Borrow up to 2.5 times your average monthly payroll costs
  • Loan payments deferred for six months
  • No collateral or personal guarantees required
  • 2-year term
  • Interest rate of 1% APR

For additional information or to apply online, visit us at or email our Member Business Lending team at You may also speak to a loan originator by calling 866-280-1312.

All loans subject to approval by the SBA.  Documentation is required to verify the loan amount requested. The term of the loan is 2 years with a six month deferment period.  The loan will continue to accrue interest during deferment period.  The loan program requires additional documentation to request loan forgiveness.