Where to Apply for the Paycheck Protection Program (PPP Loan)
More than half of small business owners in the United States will not be able to continue operations for more than three months due to the economic pressure caused by the coronavirus pandemic, says a recent Goldman Sachs survey. Will you be part of the statistics? Don’t be alarmed!
A solution to get rid of the negative impact of this global situation is the PPP loans, also known as Paycheck Protection Program loan or Coronavirus Stimulus Loan. This is a Federal Government support for small businesses, launched on March 27, 2020.
In this article, you’ll be able to locate which institutions you can approach to access its benefits.
| List of lenders |
|---|
| 1. National Banks 2. Regional Banks, Credit Unions and Non-Bank Lenders (organized by state) |
List of Lenders
The following list in alphabetical order corresponds to the most active SBA lenders (there are more than 2,000 approved lenders), along with links of interest to contact them.
You can also use the SBA’s tool that can help you find a lender, you just need to introduce your zip code.
Note:
As financial institutions join, or report on their procedures, we will update this list.
(Updated: May 12, 2020)
National Banks
B
Bank of America
Review the requirements at this link to know if your business is elegible. If so, you may apply also there.
Bank of the West
The acceptance of new applications is paused. The clients who already applied will be contacted by email on the status of their request. More details at this link.
BBVA Compass
The application system is temporarily closed, but it will activate soon. Consider other help options offered by this institution.
BNC National Bank
Hasn’t published information on PPP loans. For updates, check this link.
C
Capital One
It’s currently accepting digital applications from clients who have previously expressed an interest. New applicants must sign in or access the mobile app. More details here.
Chase Bank
It’s reviewing applications and will email applicants with a decision. New applications may begin here.
Citizens Bank
For now, it only receives clients requests. Updates will be posted here.
Comerica Bank
Start your process by calling 888-444-9876 and follow updates here.
F
Fifth Third Bank
You can only apply online, so you must first create a profile. See more details here.
FirstBank
Contact your FirstBank Relationship Manager for the application link. Review more instructions here.
First Commonwealth Bank
Complete this application and send it by Dropbox or by mail along with Form 941 or 944. More details here.
First National Bank of Pennsylvania
It’s no longer accepting PPP applications at this time, but will reconsider the acceptance of new applications if additional funding is released. Updates at this link.
Frost Bank
Review all the required documentation and download your application form here.
H
Huntington National Bank
Visit their PPP website and find out what documentation you will need.
J
JPMorgan Chase Bank
It’s reviewing applications and will email applicants with a decision. New applications may start here.
K
KeyBank National Association
It’s making updates and will contact applicants soon with next steps. Updates here.
M
M&T Bank
It has paused the reception of new applications. Updates are available here.
MUFG Union Bank
Updates here for details of its support.
O
Old National Bank
It accepts applications only from its current clients and will continue until June 30, 2020, or until all PPP funds are exhausted, whichever comes first. Learn more details at this link.
P
Pinnacle Bank
Talk to your financial advisor for information. If you don’t have one, find it at this link.
PNC Bank
Successful SBA registration of applications is unlikely, at this time. More details here.
R
Regions Bank
You can start your process at this link.
S
Synovus Bank
Online application is now open to independent contractors and self-employed individuals on its website. Forms for businesses that became eligible to apply will proceed as normal.
T
TCF National Bank
You can start your process in this link.
TD Bank
If you are a client, submit your application here.
U
Umpqua Bank
As detailed in this link, it has temporarily suspended the acceptance of new applications. It will continue the process with those who had already requested support.
W
Wells Fargo Bank
You can start the process at this link.
Z
Zions Bank
If you are a client, you can start your application here.
Regional Banks, Credit Unions and Non-Bank Lenders (organized by state)
Arizona
Academy Bank
It has temporarily suspended taking applications to focus on the existing pipeline If you complete this contact form, it will notify you by email when the support is available. Updates here.
Alliance Bank of Arizona
It’s still accepting applications from clients. However, it cannot guarantee that funds will be available and that these loans will be processed. Updates here.
America First FCU
Will continue to process applications in queue, but we are not accepting any new applications at this time. Updates at this link.
American Southwest CU
Has not published PPP loan details. Updates here.
Arizona Federal CU
Should additional funds be appropriated for this program, we will resume accepting applications from existing Arizona Federal members. Updates at this link.
Bank 34
Has not detailed information about PPP loans yet. Updates at this link.
BMO Harris Bank
Until the funding cap is raised, it won’t accept new inquiries nor request SBA approval for applications in progress. Updates at this link.
Canyon Community Bank
Has not detailed PPP loans yet. Information on other SBA loans can be found here.
Canyon State CU
Updates on the PPP loans here.
Centerstone SBA Lending, Inc.
It’s not accepting applications for independent contractors and sole proprietors until further notice. Terms, conditions, FAQs, and contact, in this link.
Commerce Bank of Arizona
You can request information on the SBA loans here, since it has not published any information on PPP loans.
Enterprise Bank
It’s still accepting submissions. Start your process here.
First-Citizens Bank & Trust Company
It has not yet detailed what their support will be like. You can find updates here.
First Convenience Bank
Has not specified how PPP loans will work, but you can see information on other loans at this link.
First Internet Bank
It’s no longer accepting applications but it’s hopeful additional funding will be available in the coming week and will continue to monitor developments and provide updates at this page.
First International Bank & Trust
Information specific to the PPP, including eligibility for forgiveness, available at this link,
First Western
Information on how to start the process at this link.
Harvest Small Business Finance, LLC
The details of their support have not been published. At this link, you can see the updates.
Horizon Community Bank
Access the SBA Loan Center for updates at this link.
Iowa State Bank
Find the application form at this link, as well as a fact sheet.
Johnson Financial Group
It’s no longer accepting applications for the PPP program at this time. Updates here.
Landings CU
Has not published information about PPP loans. Updates can be found on this website.
Meadows Bank
Has not published details on PPP loans, but offers this information for interested clients.
Metro Phoenix Bank
Contact its Loan’s Department for more information about lending options. Call 602-346-1800 or visit its website.
MidFirst Bank
Hasn’t published information about PPP loans. Updates at this link.
Midwest Regional Bank
Stay tuned for details of their support. Visit their website.
Mountain America CU
Only customers can apply in this link below.
Mutual of Omaha Bank
Has not published details on PPP loans, but you can review other financing solutions here.
National Bank of Arizona
Will continue accepting new online applications on the presumption additional funds will be appropriated by Congress. Start your process here.
Parkway Bank
Hasn’t published information about PPP loans. Updates here.
Old Pueblo CU
You must have an existing TOPCU membership to apply for a PPP loan. If so, you can get more information at this link.
OneAZ CU
Its partnership with Newtek Business Services continues to accept inquiries for PPP loans from members who own a business. More information here.
Poppy Bank
It has not yet provided details on their support. Updates on this link.
Republic Bank of Arizona
Stay informed as things are changing very quickly with regard to relief for small businesses. Updates here.
Radius Bank
At this time, it’s no longer accepting new applications for PPP loans, but it has resumed the process for those who have already submitted an application. Updates here.
Readycap Lending, LLC
It has suspended taking in new applications at this time. Updates here.
Seacoast Commerce Bank
Start the process here.
Stearns Bank National Association
Due to the unprecedented demand for the limited supply of SBA funding, the website’s institution recommends you reach out to another lender for PPP loan assistance.
Sunwest Federal CU
Hasn’t published information about PPP loans. Updates here.
Sunflower Bank
Will continue to monitor all regulatory guidance applicable to the PPP and update any changes to our status on its website.
T Bank
Review the application process and more PPP resources here.
Texas Capital
Is unable to accept additional applications for the program at this time. Updates here.
UMB Bank
Recommends customers to log in to their online account and ensure their contact details are up-to-date, since that’s the way this bank communicates updates.
US Bank
At this time, it’s working through first phase applications. Up-to-date information at this website.
Vantage West CU
Only those with an established Business Membership as of February 15, 2020 or earlier are eligible to apply. Start the process here.
Western Bank
Due to anticipated volume, it’s only accepting applications from existing customers at this time. To submit applications, you should contact your Banking Officer. Updates here.
Western State Bank
Hasn’t published information about PPP loans, but you can submit a normal business loan application here.
West Valley National Bank
Hasn’t published information about PPP loans. Updates here.
California
Bank of Hope
No new applications or inquiries are currently being accepted. Updates here.
Cathay Bank
It’s no longer accepting applications. Solve the FAQs at this link.
Centerstone SBA Lending, Inc.
It’s not accepting applications for independent contractors and sole proprietors until further notice. Terms, conditions, FAQs, and contact, in this link.
Citizens Equity First CU
To apply, contact your loan officer or speak to a representative at 800 633 7077, ext. 33898.
East West Bank
It’s not accepting new applications at this time. If the government approves a second phase for the program, it may begin taking new applications. Updates here.
First-Citizens Bank & Trust Company
It has not yet detailed what their support will be like. You can find updates here.
First Western
Information on how to start the process at this link.
Five Star Bank
Contact your relationship manager for more details or call 877-226-5578.
Hana Small Business Lending, Inc.
It has not released details of its PPP loans. On this website, you can see other options.
Hanmi Bank
It’s not be able to receive new inquiries. Updates here.
Harvest Small Business Finance, LLC
The details of their support have not been published. At this link, you can see the updates.
Liberty Bank
Even if you are not a client of this institution, you can get help. All the information at this link.
Open Bank
Download application form here.
Pacific Western Bank
You can contact your bank relationship manager to begin the application process. More details here.
Poppy Bank
It has not yet provided details on their support. Updates on this link.
Royal Business Bank
It has not yet detailed their support. You can find updates here.
Seacoast Commerce Bank
Start the process here.
Shinhan Bank America
Updates at this link.
United Business Bank
For instructions on how to apply, email [email protected]. More information at this link.
US Metro Bank
Details on the support at this PDF. For additional information, you may call 714-823-4263.
VelocitySBA
It’s contacting existing clients to process applications. Check here for updates.
Wallis Bank
It is only accepting applications from Texas, Southern California and the Atlanta Metro area. If you are in any of these regions, start the process here.
Colorado
First-Citizens Bank & Trust Company
It has not yet detailed what their support will be like. You can find updates here.
First Western
Information on how to start the process at this link.
Five Star Bank
Contact your relationship manager for more details or call 877-226-5578.
Independent Bank
It hasn’t detailed how its support will work. You can find updates here.
Pacific Western Bank
You can contact your bank relationship manager to begin the application process. More details here.
Sunflower Bank
Will continue to monitor all regulatory guidance applicable to the PPP and update any changes to our status on its website.
Florida
BankUnited
You should contact your banker, lender, or local branch to address specific questions. Updates here.
CenterState Bank
You can complete this registration form and it will notify you when it’s ready to begin accepting PPP submissions.
First-Citizens Bank & Trust Company
It has not yet detailed what their support will be like. You can find updates here.
First Home Bank
Receipt of applications is suspended, but you can complete a form here to receive a notification when it is reactivated.
First Horizon Bank
It’s finalizing an automated application process, but offers this link to get you started. More details here.
Fountainhead SBF LLC tuned
It’s receiving applications from any small business in the country. Start the process here.
Metro City Bank
It’s temporarily not accepting new applications but will re-open if the program funds are available. Updates at this link.
Seacoast Commerce Bank
Start the process here.
Truist Bank DBA Branch Banking & Trust Co
Trustmark offers this link to apply.
Georgia
Ameris Bank
Applicants should contact their banker directly to apply, as detailed here.
East West Bank
It’s not accepting new applications at this time. If the government approves a second phase for the program, it may begin taking new applications. Updates here.
Embassy National Bank
It only accepts requests from its current clients, who can access all the information at this link.
First Chatham Bank
The website has not published any related information yet.
First-Citizens Bank & Trust Company
It has not yet detailed what their support will be like. You can find updates here.
First IC Bank
It’s not accepting new applications at this time. Updates this link.
Liberty Bank
Even if you are not a client of this institution, you can get help. All the information at this link.
Metro City Bank
It’s temporarily not accepting new applications but will re-open if the program funds are available. Updates at this link.
Shinhan Bank America
Updates on this link.
Truist Bank DBA Branch Banking & Trust Co
Trustmark offers this link to apply.
United Community Bank
Temporarily suspended the applications but may reopen the loan portal for new applications. Check the status here.
US Metro Bank
Details on the support at this PDF. For additional information, you may call 714-823-4263.
Wallis Bank
It is only accepting applications from Texas, Southern California and the Atlanta Metro area. If you are in any of these regions, start the process here.
Illinois
Accion Chicago
In its COVID response webinars it keeps entrepreneurs informed about their options, helpful resources and best practices during this crisis.
American Community Bank
In this fact sheet it details frequently asked questions about PPP loans.
Associated Bank Illinois
It’s currently accepting new applications. You can start your process here.
Bank & Trust Co
Has not yet detailed what the support will be like. Updates here.
Bank of Hope
Does not accept new requests or inquiries. Updates here.
Bank of Springfield
Has not yet detailed what the support will be like. Updates here.
Barrington Bank & Trust
Check this link for the latest information. If you have questions, contact your banker.
Blackhawk Bank
Has not yet specified what the support will be like. Updates here.
BMO Harris Bank
Until the funding limit is increased, it will not accept new inquiries or request SBA approval for ongoing applications. Updates on this link.
Busey Bank
Has not yet specified what the support will be like. Updates here.
Byline Bank
Only accepts requests from current clients here.
Cathay Bank
It no longer accepts applications. Solve the frequently asked questions at this link.
Celtic Bank
Start completing your application at this link.
Centrust Bank
Contact your business banker at this website for more information.
CIBC
Has not released details of its support. Updates here.
Citizens Equity First CU
To apply, contact your loan officer or speak to a representative at 800 633 7077, ext. 33898.
Commerce Bank, NA
Find resources and information to start your process at this link.
Community First Bank of the Heartland
Click here to start your application process.
Crystal Lake Bank & Trust
Check this link for the latest information. If you have questions, contact your banker
First American Bank
You can enter your information in their Paycheck Protection Program Standby List to register for their support.
First Bankers Trust
If you want to start your process, you can download its application or check its Paycheck Protection Program Checklist to know the information that will be requested.
First Eagle Bank
Has not yet detailed what their support will be like. Updates here.
First Farmers Bank and Trust
Accepts applications until the funds of the second round are exhausted. Those interested should contact their local representatives for details on how to apply.
First Financial Bank
See details to start the process at this link.
First Mid Bank & Trust
You are accepting new applications. Start here.
First Midwest Bank
You can start your application process at this link.
First National Bank of Omaha
Check in this link all the information on how to apply, restrictions, requirements and more.
German-American State Bank
Review this information before starting your process and submitting your documentation. If you have no one to deliver it to, call 815-362-2310 to be seen.
Hanmi Bank
It’s not receiving new applications. Updates here.
Heartland Bank and Trust
Although it’s participating, it cannot answer questions about this program. If you already have a relationship with a lender, it recommends contacting him directly. More information here.
Hinsdale Bank & Trust
Check this link for the latest information. If you have questions, contact your banker.
Illinois Bank & Trust
Updates on PPP loans here.
Illinois National Bank
Start your process and fill out your application at this link.
International Bank of Chicago
Has not yet detailed what their support will be like. Updates here.
Lake Forest Bank & Trust
Check this link for the latest information. If you have questions, contact your banker.
Legence Bank
Has not yet detailed what the support will be like. Updates here.
Liberty Bank
Even if you are not a client of this institution, you can get help. All the information in this link.
Libertyville Bank & Trust
Check this link for the latest information. If you have questions, contact your banker.
Live Oak Banking
It’s currently not accepting new applications, but you can sign up here to be notified of updates.
Local Initiatives Support Corp
It’s accepting new applications. To apply, complete this survey.
Marine Bank
Download, complete and submit your Small Business Paycheck Protection Program application and send it to [email protected] for a lender to contact you.
Midland States Bank
You can visit their website to find resources and information to apply for help.
Midwest BankCentre
At this time, it serves customers in the City of St. Louis, St. Louis County, St. Charles County, and Jefferson County only. The fact sheet and details here.
Midwest Regional Bank
Stay tuned for details of their support. Visit your website.
Millennium Bank
Has not yet detailed what the support will be like. Updates here.
Morton Community Bank
Check this fact sheet to find out the details of your support.
Newtek Small Business Finance, Inc.
You can start your application process on this website.
Pacific City Bank
In this link you can know the updates on PPP loans.
Peoples Bank & Trust
It only accepts requests from its current customers and businesses within Central Kansas. You can start your process here.
Peoples National Bank
Has not yet detailed what the support will be like. Updates here.
PNC Bank
It is not receiving new applications but it keeps reviewing the ones it received in the first stage. For updates, check this link.
Providence Bank
For questions and requests, call 888-923-5664 or send an email to [email protected]
Quad City Bank and Trust Co.
Click here to read more about the application process and what is required.
Resource Bank
For assistance with any of the SBA programs, call their main line at 815-756-6321 or Jerry Foster directly at 815-824-1212 for more information.
Royal Business Bank
It has not yet detailed their support. You can find updates here.
Scott Credit Union
Review all the information and steps you need to complete an application at this website.
Security Bank
You can send your documentation and application form to [email protected] More information to start at this link.
Signature Bank
Remain in contact with your Signature Bank Private Client Group for updates on any further developments. Updates here.
SomerCor 504, Inc.
It has not yet detailed what their support will be like. You can find updates here.
Spirit of Texas Bank
You can contact any one of their banking centers or call 866-768-2722 to begin the process.
State Bank of Lincoln
It has not yet detailed what their support will be like. You can find updates here.
State Bank of the Lakes
Check this link for the latest information. If you have questions, contact your banker.
Stearns Bank National Association
Due to the unprecedented demand for the limited supply of SBA funding, the website’s institution recommends you reach out to another lender for PPP loan assistance.
The BanCorp Bank
It has not yet detailed what their support will be like. You can find updates here.
The Harvard State Bank
It has not yet detailed what their support will be like. Find updates here.
Town and Country Bank
Find at this link the information on the process to apply.
Union National Bank & Trust
It has not yet detailed what their support will be like. Find updates here.
United Community Bank
Temporarily suspended the applications but may reopen the loan portal for new applications. Check the status here.
United Community Bank/Springfield
It stands ready to help your business. Visit the SBA Assistance page for information.
United Midwest Savings Bank
Stay up to date with updates on their website.
US Bank, NA
Start your process here.
Village Bank & Trust
Check this link for the latest information. If you have questions, contact your banker.
West Town Bank & Trust
It’s no longer accepting any more applications from business’ seeking a PPP loan, but offers other programs. More details here.
Wintrust Bank
Check this link for the latest information. If you have questions, contact your banker.
Maryland
Cathay Bank
It’s no longer accepting applications. Solve the FAQs at this link.
First-Citizens Bank & Trust Company
It has not yet detailed what their support will be like. You can find updates here.
First United Bank
It only accepts applications from Oklahoma and Texas. If you are in these states, start your application here.
Truist Bank DBA Branch Banking & Trust Co
Trustmark offers this link to apply.
Massachusetts
Berkshire Bank
Complete a contact form at this link.
UniBank
Updates on your support on your website.
New York
Bank of Hope
No new applications or inquiries are currently being accepted. Updates here.
Berkshire Bank
Complete a contact form at this link.
Cathay Bank
It’s no longer accepting applications. Solve the FAQs at this link.
Customers Bank
Get information and complete your form here.
East West Bank
It’s not accepting new applications at this time. If the government approves a second phase for the program, it may begin taking new applications. Updates here.
First IC Bank
It’s not accepting new applications at this time. Updates this link.
Fulton Bank
Applications are now available. You can email it to [email protected] See the details here.
Hanmi Bank
It’s not be able to receive new inquiries. Updates here.
Metro City Bank
It’s temporarily not accepting new applications but will re-open if the program funds are available. Updates at this link.
NewBank
It has not yet detailed how their support will work. You can find updates here.
Newtek Small Business Finance, Inc.
You can start your application process on this website.
Northwest Bank
You should contact your business banker or relationship manager. Check updates here.
Patriot Bank
Check updates here.
Readycap Lending, LLC
It has suspended taking in new applications at this time. Updates here.
Republic Bank
This page mentions your PPP support, along with other options.
Royal Business Bank
It has not yet detailed their support. You can find updates here.
Shinhan Bank America
Updates on this link.
US Metro Bank
Details on the support at this PDF. For additional information, you may call 714-823-4263.
Texas
Bank of Hope
No new applications or inquiries are currently being accepted. Updates here.
Cathay Bank
It’s no longer accepting applications. Solve the FAQs at this link.
East West Bank
It’s not accepting new applications at this time. If the government approves a second phase for the program, it may begin taking new applications. Updates here.
Falcon National Bank
Has not published the details of the PPP loan yet. Updates at this link.
First-Citizens Bank & Trust Company
It has not yet detailed what their support will be like. You can find updates here.
First IC Bank
It’s not accepting new applications at this time. Updates this link.
First Savings Bank
If you are a client, contact one of their lenders or call 833-372-4968.
First United Bank
It only accepts applications from Oklahoma and Texas. If you are in these states, start your application here.
Hanmi Bank
It’s not be able to receive new inquiries. Updates here.
Independent Bank
It hasn’t detailed how its support will work. You can find updates here.
Liberty Bank
Even if you are not a client of this institution, you can get help. All the information at this link.
Open Bank
Download application form here.
The MINT National Bank
It accepts requests from selected clients. In this link, it offers additional information. Also, you can mail questions to [email protected]
Truist Bank DBA Branch Banking & Trust Co
Trustmark offers this link to apply.
Wallis Bank
It is only accepting applications from Texas, Southern California and the Atlanta Metro area. If you are in any of these regions, start the process here.
Other States
21st Century Bank
At the moment, it does not accept more applications. Updates on when more applications will be available at this website.
Atlantic Capital Bank
If you are a client and requested an application, check your email for a pre-populated applications for you to complete. More deatils at this website.
Bank of George
It request these documents to apply.
Cadence Bank
It’s in the process of finalizing the online loan application. Updates at this link.
Celtic Bank
Complete your application at this link.
FinWise Bank
They haven’t shared any information on the PPP loans yet. Check the website for updates.
First General Bank
It has not released details of its support. Check updates at this link.
HomeTrust Bank
It will post updates here.
IncredibleBank
To get started, see the details here.
Live Oak Banking
It’s not accepting new requests, but you can sign up here to be notified of updates.
Mountain Pacific Bank
Contact your loan officer at 425-263-3500 or wait for updates here.
Peapack-Gladstone Bank
It’s currently assisting existing clients only. More details here.
Peoples Bank of Alabama
It has an online application as well as a loan calculator that you can consult here.
Quantum National Bank
It’s unable to accept new applications, but will contact applicants once current applications are approved. It also shares this infographic to find out if you are a subject of support.
Stone Bank
It has not detailed its support. On its website, requests to contact the SBA directly.
Univest
Successful SBA registration of applications submitted after April 15th is unlikely, at this time. Updates here.
Conclusion
The impact of COVID-19 could last several months. You’re not alone. During this time, Camino Financial is here for you.
Find free resources to help you on our webpage and social networks, as well as other small business support programs to which you can apply if you are being affected by this pandemic.
*With information from asdonline.com and fundera.com
Read more articles and find some more helpful resources to help you during this crisis: