Wells FargoĪccording to a statement, Wells Fargo will focus on applications from nonprofits and small businesses with fewer than 50 employees. You need to be a current Chase business checking account holder, who’s had an account prior to Februto be eligible to apply. Chase BankĬhase is accepting applications through its website. In order to apply, you must have an existing business lending or business deposit relationship with Bank of America, meaning you have a business credit card, loan, or line of credit through the bank. It has an application portal ready to go and is accepting applications. Bank of Americaīank of America is helping small businesses with PPP loan applications. Here is the list of national banks accepting PPP loan applications. Many banks or lenders have paused accepting applications but we expect them to open back up for "PPP business" in the coming days. If you're interested in learning more, watch our YouTube video about the new PPP funding. The PPP loans are forgivable if certain criteria is met. The funding is limited and first-come, first-served. You can also apply for a PPP loan via Fundera, too.Įditors note: The Paycheck Protection Program is an ongoing program by the Small Business Administration to help small businesses keep people on payroll. Much of this list of banks and lenders was originally curated by Fundera. Our mission at Skip is to help as many individuals and businesses as possible understand grant and loan options, employment options, and other information related to the COVID-19 pandemic. We will update this list daily as we find out about more options. We have put together a list of banks and lenders that are available. This means that banks and lenders will start processing applications again. Did you miss the first round of the Paycheck Protection Program (PPP) or have you not heard back from your lender or bank yet? If so, there's good news: Congress has approved $310 billion more for the PPP program, and $60 billion for the EIDL program.
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