Paycheck Protection Program

We have restarted the application process for First Draw and Second Draw PPP loans. We will be contacting members in the order in which inquiries are received to begin the application process.

To be eligible for a PPP loan (first or second draw) from Arizona Federal, you must meet the following guidelines:

  1. You must be a current member of Arizona Federal as of December 28, 2020.
  2. If you received a PPP loan during the initial round (first draw), it must have been with Arizona Federal. If you received a PPP loan from another financial institution, please contact that institution for assistance with a second draw PPP loan.
  3. If you received a first draw PPP loan from Arizona Federal, you must submit your loan forgiveness application prior to applying for a second draw. Please contact us to begin the process. 

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Subject to credit approval and program guidelines. SBA loans are subject to SBA eligibility guidelines. Certain restrictions apply to refinancing options and are subject to program terms. Refinances of existing SBA loans are excluded. Financing maximums and terms are determined by borrower qualifications and use of funds. 
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