Specifically, it has offices in Connecticut, Massachusetts, New Jersey, New York, Pennsylvania, Rhode Island and Vermont. Alternately, you can send a message through its website. To inquire, here is its contact page. Hi Saliou — yes, you should be able to use a new lender for the second round. You can find the application and list of required documents here. To apply, contact your local banker. Consolidated assets: $4.4 billion. Consolidated assets: $967 million. For updates, go here. Though this community bank is an SBA Preferred Lender, it does not mention the PPP on its site. That said, it did encourage non-U.S. Bank customers to start with their own banks. Consolidated assets: $370 million. You can find the application and instructions here. Consolidated assets: $1.4 billion. Non-bank lender Pursuit emailed us to tell us that they are accepting PPP loan applications for up to $350,000 from new customers. If you want to inquire, you can find contact information for the bank, which serves Arizona, Minnesota and North Dakota, here. Consolidated assets: $1.9 billion. Nothing on this website is an offer or a solicitation for a loan. Though it is a Preferred SBA lender and the third most active SBA 7(a) lender in California, according to 2018 data, the bank does not have any information about applying for a PPP loan on its site. An up-to-date list of who is open for PPP loan applications. The accounting software company is not taking new applications at this time. Consolidated assets: $48.1 billion. Check here for updates. Consolidated assets: $6.5 billion. With headquarters in Des Moines, Bankers Trust Company is Iowa’s largest privately owned bank. With its emphasis on serving the communities in Lawrenceville, Duluth, Suwanee and Norcross, Georgia, Embassy National Bank has minority depository institution status. Frost Bank is a regional bank with headquarters in San Antonio, and branches throughout Texas. For more information, go here. Consolidated assets: $750 million. Headquartered in Santa Rosa, California, Poppy Bank has branches throughout the Golden State. For updates, go here. Well, applications haven’t quite opened yet, but certain lenders have already made it known that they will be participating—and some lenders have even started accepting pre-applications. West Town Bank & Trust is a community bank with branches in Cicero and North Riverside, Illinois. With headquarters in Chicago, Byline Bank is a community bank that serves the Windy City and Milwaukee. The Columbus, Ohio-headquartered bank provided the most SBA 7(a) loans in fiscal year 2018, according to the most recent SBA data. This Korean American community bank has halted accepting PPP loan applications due to the high number it has already received. 1 (888) 760 1940. Headquartered in Los Angeles, Bank of Hope is the largest Korean American bank in the country. To inquire, you can contact PromiseOne Bank at 678-385-0826 or SBA@promiseone.bank. That said, the bank operates in South Dakota, New Mexico, Nevada, Nebraska, Texas and Arizona. The bank is accepting PPP loan applications only from current business customers who have had their accounts prior to April 1, 2020. Its site says it will resume if there is a third round of funding. Nine listed lenders approved loans of $1,000 or less. To apply, go here. If you are an existing customer, the nationwide bank says to contact your business analyst for more information. With headquarters in Laguna Hills, California, Harvest Small Business Finance is a non-bank lender that serves small business borrowers who have traditionally been ignored by large, regional, and community banks. Now is the best time to switch. Consolidated assets: $5.5 billion. The PPP / Cares Act that was put in place to help business affected by Covid-19. Check here for updates in case the situation changes. Though its branches are in North Dakota, Minnesota and Arizona, Bell bank says on its website that it has customers in all 50 states. Live Oak Bank was taking PPP applications from existing loan customers but is no longer accepting new applications. The bank is accepting PPP loan applications through its online portal in anticipation of a second round of PPP funding coming through. The Minneapolis-based bank is not requiring applicants to be existing customers. Lenders Participating in PPP Second Round by project state through 05/21/2020 Lender Name Project State ALPS FCU AK Academy Bank, National Association AK Alaska USA FCU AK American Express National Bank AK American State Bank AK Arizona Central CU AK Atlantic Union Bank AK Axos Bank AK BBVA USA AK BMO Harris Bank National Association AK Baker Boyer National Bank AK Banc of … At this time, it is advancing the applications it has received and is not accepting new ones. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). TRENDING. Who can be an agent? It no longer says that it is prioritizing existing customers with an operating account. This community bank operates throughout Arkansas. This website is not a lender and does not broker loans, make loans or make any credit decisions. until January 1st. For more information and to apply, go here. Though BNC National Bank is an approved SBA lender, it does not mention the PPP. Though First Chatham Bank is an SBA lender, it does not mention the PPP on its website. The New York company is taking applications from existing and new customers. Any editorial content has not been approved, provided, reviewed, or otherwise endorsed by any of the referenced companies providing financial products or services. Consolidated assets: $6.6 billion. In the meantime, you may want to calculate how much you can borrow, find a bank and start the application process. Please note that PPP is different than the PFP column in the list below (last updated on April 1, 2020 at 1:00 p.m.). The company invites businesses that are not yet members to sign up for a Square account in order to apply for a PPP loan. Its website says that it is accepting PPP loan applications, but does not give specifics. Consolidated assets: $513 million. The fifth largest bank in the country, U.S. Bank is currently accepting PPP loan applications. To apply, contact your relationship manager, who will provide access to the online loan application portal. It is processing the PPP loan applications it has received but is no longer taking new ones. Though it is a nationwide SBA 7(a) lender with Preferred Lender status, the company does not say whether it is accepting PPP loan applications. You can apply for a loan here. It also says that it processed 1,300 loans the first week the PPP was open. For updates, here is its COVID-19 page. Consolidated assets: $3.1  billion. For assistance with your application, contact your local bank representative. Consolidated assets: $1 billion. Or you can email or call a loan officer found here. Don't subscribe The top five PPP lenders by net dollar amount were: JPMorgan Chase, Bank of America, PNC Bank, Truist and Wells Fargo. Finding the right financial advisor who fits the needs of your business doesn’t have to be hard. Loan Business Location Jobs Retained Loan Approved NAICS Description; $5-10 million: American Implement, Inc. Garden City, KS 67846: 356: 2020-04-08 : Farm and Garden Machinery and Eq... Business Name: American Implement, Inc. Loan Amount: $5-10 million: Business Address: 2302 E MARY ST: Jobs Retained: 356: City, State Zip: GARDEN CITY, KS 67846: … Fulton Bank serves Pennsylvania, New Jersey, Maryland, Delaware and Virginia. You can find more information here. You can find a list of participating lenders on SBA’s website. Consolidated assets: $1.75 billion. You can start the process by logging onto to your online business account through 53.com or Fifth Third Direct. Consolidated assets: $4.2 billion. Or find more information on its site. To apply, you must speak to a business banker, who can be reached at (888) 845-7556. Still, the Korean-American community bank does not have information on its website about whether it is participating in PPP. Consolidated assets: $5.3 billion. The Chamber compiled a list of Paycheck Protection Program (PPP) lenders, drawing information from Chamber member lenders that are administering PPP loans. Or you can access its application here. You can find more info and updates here. With two branches in Southern Nevada, the Bank of George (as in George Washington) is a community bank that lends to businesses in more than 30 states. To apply, you must have a Fifth Third online banking profile or be a user of Fifth Third Direct. A Southeast regional bank, United Community Bank operates branches in Georgia, South Carolina, North Carolina and Tennessee. Consolidated assets: $1.3 billion. For more info, here is its website. Consolidated assets: $34.1 billion. For more information, go here. To inquire, you can find contact info for the bank’s SBA administrator and officer here (scroll down). It is no longer accepting new PPP loan applications. Like PayPal and Square, Intuit QuickBooks is a newly SBA-authorized lender. All images and trademarks are the property of their respective owners. The bank says to contact it for more information. Consolidated assets: $8.3 billion. For updates, check here. It has halted accepting PPP loan applications from existing and new customers. For more info, go here. Its website is not updated, though, with specifics on how to apply for a PPP loan with them. A full-service commercial bank, Commonwealth Business Bank serves California and Texas, with its headquarters in Los Angeles. A subsidiary of New York-based Ready Capital, Readycap Lending is an approved non-bank SBA Preferred Lender. The bank is currently accepting PPP loan applications only from existing BB&T and SunTrust business deposit and loan clients. Open Bank is a Korean-American bank that primarily operates in California with a branch also in Carrollton, Texas. It has stopped accepting new PPP loan applications. According to its website, it is no longer accepting PPP loan applications. The bank says on its website that it will prioritize PPP loan applications from existing business customers who are borrowers. As a top-10 SBA lender, KeyBank serves a large swath of the country: 25 states plus Washington DC. To submit an application to the Korean-American bank with branches in Georgia, Alabama, Virginia, New Jersey, New York and Texas, go here. It says on its website that it is participating in the PPP, but does not say whether it is restricting applicants in any way. Consolidated assets: $110 million. For updates and more information, go here. MUFG Union Bank gets its first initials from parent company Mitsubishi UFJ Financial Group. For more information, this is the bank’s COVID-19 relief website page. If you are a business customer who opened your account after that date or are a personal account holder who will be opening a new business, you can email the bank at SBAPPPCustomerService@efirstbank.com. This local independent community bank primarily operates branches in New Mexico. Consolidated assets: $9 billion. By number of loans made, top lenders were Bank of America, JPMorgan Chase, Wells Fargo, Cross River Bank and U.S. Bank. An SBA Preferred Lender, this community bank serves Washington DC, Maryland and Virginia. For more info, go here. It is currently processing the applications it has received, but does not say whether it is accepting new applications and what its requirements are. A top 10 SBA lender in the country, the Florida-based community bank is accepting PPP loan applications from businesses in Pasco, Hillsborough, Pinellas, Manatee, and Sarasota Counties. Quick note: This is not to be taken as tax, legal, benefits, financial, or HR advice. Its website says that it is accepting PPP loan applications from its small business customers. This major bank will only take applications online. BlueVine is also a direct non-bank lender for the PPP program. To apply, the website says to contact your nearest First IC Bank branch. For updates, go here. The Consolidated Appropriations Act of 2021, which was signed into law on December 27, 2020, revives the PPP with $284 billion in unused and new funds. California loans made pursuant to the California Financing Law, Division 9 (commencing with Section 22000) of the Finance Code. It is accepting PPP loan applications from customers who have had a banking relationship with it on or before March 13, 2020. Here is its update page. Consolidated assets: $4.3 billion. It is currently restricting PPP loan applications to current customers. See our Advertiser Disclosure for more information on how we try to connect you with a Paycheck Protection Program (PPP) lender or other small business lenders. If you’d like to inquire, you can find contact information for the Aberdeen, South Dakota-based bank here. To apply, you’ll need online banking credentials. It is accepting PPP loan applications and no longer seems to be restricting applicants to existing customers. For more information and updates, check here. Consolidated assets: $18.1  billion. This major bank is continuing to accept online PPP loan applications in anticipation of the SBA program getting more money. Consolidated assets: $451 million. BlueVine offers online business financing solutions including business lines of credit, invoice financing, and business checking accounts. Many lenders in Alabama have created online application portals for the PPP loan. For updates, go here. With headquarters in Birmingham, Alabama, Regions Bank serves the South, Midwest and Texas. That said, it also says to email applications and inquiries to ppp@cbb-bank.com. Previously, it said it was doing so only from current business customers who have a Comerica business checking account. For updates, check here. The bank has branches in Southeast Georgia and one in Northeast Florida (Jacksonville). To begin the process, you’ll have to sign up here. (There was a lending relationship requirement but it has been lifted.) The bank does not say it is limiting applicants to current customers. The New Jersey commercial bank is accepting PPP loan applications only from existing customers. When it was, it was restricting applicants to business checking account holders who have had their accounts since February 15, 2020, or earlier. Dacotah bank operates branches in South Dakota, North Dakota and Minnesota. Atlantic Capital Bank is accepting PPP loan applications from existing customers. This community bank with locations in Ohio, West Virginia and Kentucky is accepting PPP loan applications both from existing and new customers. The Asheville, North Carolina-headquartered bank does not mention any applicant restrictions, though it does refer to them as customers. For updates, go here. Consolidated assets: $11.5 billion. Consolidated assets: $44.2 billion. A bank representative will contact you with next steps, though the bank requests you to be patient. Pinnacle Bank started in Nebraska and now serves a total seven states with 151 locations. Additionally, small businesses should look into If you’d like to inquire, you can find contact information here. If you’d like to inquire, here is the bank’s contact page. The first time was when it ran out of its $349 allocation; an interim stimulus bill gave it another $310 billion (with $30 billion set aside for small lenders and $30 billion for midsize lenders to help ensure that more rural, women-owned and minority-owned small businesses get loans). The Paycheck Protection Program (PPP) is closed again. First Citizens Bank (officially First-Citizens Bank & Trust Company ) is accepting PPP loan applications from existing business customers. For updates, check here. Consolidated assets: $3.6 billion. Consolidated assets: $977 million. Consolidated assets: $28.8 billion. However, since your current lender already has your information on file, applying through them (should they choose to partake) would be your best route. It operates in 15 states: North Carolina, South Carolina, Virginia, Maryland, West Virginia, Kentucky, Tennessee, Georgia, Florida, Alabama, Indiana, Texas, New Jersey, Ohio and Pennsylvania – plus Washington, D.C. To apply, go here. So, if you’re ready to step up your business to the next level, here are the top … Education. If you don’t have an account, you can open one by setting up an appointment at one of its 50 branches across the country. Thank you for subscribing! It has 63 branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, Georgia. Cadence Bank is currently limiting PPP loan applications to existing business clients. Newtek is currently taking PPP loan applications. For more info, go here. If you are an existing Regions customer but don’t have an online account, you can enroll here. The bank is accepting new PPP loan applications, though it is not clear on whether it is limiting applicants to existing customers. If you’d like to call the SBA department, the phone number is (213) 210-2070. Based in Columbus, Ohio, United Midwest Savings Bank is the 13th largest SBA lender in the country, based on number of loans. Home Bank is a nationally chartered bank with branches in Southern Louisiana and Western Mississippi. To find out how to apply and whether you’re eligible, contact the bank. Independent Bank is headquartered in Grand Rapids, Michigan, with 82 branches in rural and suburban Michigan. That said, the credit union says it takes only 15 minutes to become a business member. The second race for Payroll Protection Program forgivable loans begins today, April 27 th. Loan amounts ranged from $234 to $10 million. Upstart Rises 824% as Founder Bets on Making Phones. The Pennsylvania-based community bank has branches in Pennsylvania, New York, Rhode Island, Massachusetts, New Hampshire, New Jersey, Illinois and Washington, D.C. You can find more information and start the application process here. It serves Central Iowa; Eastern Iowa; Phoenix, Arizona; Omaha, Nebraska and Sioux Falls, South Dakota. Based in Columbus, Georgia, Synovus Bank operates 300 locations across the Southeast. Any personal views, analysis, reviews, or recommendations expressed are the author’s alone, and do not necessarily reflect the viewpoint of Gusto. You can enroll here. To know if  Regions will open applications to non-customers, you can look for updates here. If you are a customer, you will need to contact your local banker to apply (once the program reopens). It says on its website that it is processing its backlog of applications and does not seem to be accepting new ones at this time. Existing customers may email their applications to their bankers, but non-customers should wait until the bank announces on its website that it is accepting applications from them. For updates, go here. To start the application process, go here. All Though this community bank is a top SBA lender, its website doesn’t mention the PPP. BlueVine will participate in the new round of PPP, and has information about PPP eligibility on its website so you can check to see whether you meet the new PPP loan rules and requirements. For more information, here is the bank’s site. An SBA Preferred Lender, First Financial Bank is taking new PPP loan applications again. To begin the application process with this Los Angeles company (once the page is up again), go here. Consolidated assets: $2.1 billion. First Bank, which also goes by 1STBank, is based in Colorado. The lenders in this year's list of the region's largest Paycheck Protection Program lenders approved 8,581 loans for Columbus businesses, totaling $1.51 billion. The lender list below is being continually updated as we get more information. Consolidated assets: $1.7 billion. Small businesses interested in Paycheck Protection Program funds are encouraged to contact their local bank or lending institution, even if they’re not listed here. If you are interested in contacting it to inquire, here’s its website. For more information, this is the bank’s PPP website page. In fact, its application portal appears to have been taken off line. The second time was when the original June 30 deadline passed. Then PPP will open to all participating lenders shortly thereafter. Frost Bank $463,112,391 863 $536,631 For more information, including the application, go to the California-headquartered bank’s website. You can find more information here. (That said, the bank warns that opening an account does not guaranteed that your PPP loan application will be approved.) If you are not an existing customer, you can sign up for notifications here. Though it’s an SBA lender, it doesn’t mention PPP loans on its site. It primarily serves the Midwest: Indiana, Illinois, Kentucky, Michigan,Ohio, Pennsylvania and West Virginia. View the list of financial institutions that are accepting PPP applications. To learn more and apply, go here. To help business owners expedite finding a lender, SmartAsset compiled the below list of PPP loan lenders and their application requirements (many banks are accepting applications only from current customers). You’ll need to sign into your account to apply. This community bank has headquarters in Anchorage and operates branches throughout the state. Consolidated assets: $980 million. At this time, Citizens Bank is accepting PPP loan applications from existing business customers. When it was, it was taking them from Payroll customers and from QuickBooks Self-Employed customers who filed 2019 taxes with TurboTax Self-Employed. For updates, check the bank’s COVID-19 website page. Consolidated assets: $1.6 billion. You can find additional information, here. You’ll be notified via email when a specialist is assigned to you and how to contact them. For steps on how to apply, the bank says to contact your Pacific Western Bank relationship manager. One of the largest SBA lenders in Missouri, Midwest Regional Bank also has offices in Arizona, Colorado, Florida and Texas. The Los Angeles-based bank does not say on its website that it is limiting applicants to existing customers, but it also does not provide a lot of details about how to apply. If you are a customer and wish to apply, you can submit your information here. Consolidated assets: $3.3 billion. While Gusto always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms – and before applying you should review and understand the full terms and conditions as stated by the issuer. For more information about this New England bank and  how to apply, go here. Check here to begin the application process. Consolidated assets: $171 million. Hana Small Business Lending has headquarters in Los Angeles and a branch in New York. But its site no longer mentions any restrictions. To apply, fill out this form. This list was compiled as of April 7, 2020. An SBA certified approved lender, First Savings Bank is accepting PPP loan applications. The phone number for general inquiries is (800-533-6922). Consolidated assets: $531 million. Nationwide banks were among the largest lenders to “The Volunteer State” businesses through the U.S. Small Business Administration’s 7(a) program. Ameris Bank has branches in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee and Virginia. Consolidated assets: $246 million. Completed applications and required documents should also be emailed to SBALoans@myrepublicbank.com. Based in Stamford, Connecticut, Patriot Bank is a community and commercial bank. Consolidated assets: $365 million. Based in Pittsburgh, First National Bank is currently processing PPP loan applications from customers and non-customers. For more information, go here. For updates, check here. Since rules and regulations change over time and can vary by location, consult a lawyer or HR expert for specific guidance. Lenders may not collect any fees from the applicant. For more information and updates, check here. CenterState Bank is a community bank that has branches in Florida, Georgia and Alabama. For updates, go to its website. The bank says for small businesses in need of financial assistance, presumably in its community but not necessarily existing customers, to contact them to apply for a PPP loan. If you have any questions, you can contact the lending team at 888.875.2265 or email them at SBALoans@myrepublicbank.com. It is currently taking PPP loan applications from current customers whose loan, deposit, trust or investment account pre-dates March 1, 2020, and from applicants referred by affiliates. It is currently accepting PPP loan applications only from existing customers, and does not provide any information about its application process on its site. Click here for the full list of PPP round 2 lenders, How Fintechs Help Small Businesses Access PPP Funds, All Small Business Loans in the New COVID-19 Relief Package. Get the latest articles, info, and advice to help you run your small business. Whether your business is a restaurant, auto repair, medical practice, funeral home, veterinary or hotel, your mission is to exceed your customer expectations. You can find more information here. Consolidated assets: $15.7 billion. Exactly one week after the signing of the Coronavirus Aid, Relief and Economic Security (CARES) Act Act, the Payroll Protection Plan (PPP), a lifeline for small businesses, began providing emergency loans through participating banks. With headquarters in Southern California, East West Bank operates more than 125 locations worldwide, including in California, Georgia, Massachusetts, Nevada, New York, Texas and Washington. With regional offices throughout the country, it is accepting PPP loan applications. You can apply if you are a current business customer here. You can also contact Eric Coler-Dark, vice president and business development officer, at ecoler-dark@ubb-us.com. The PDF below, compiled by SBA, lists all lenders (alphabetically) that are participating in the Paycheck Protection Program (PPP) and are licensed to do business in Wisconsin. Compare the Top 3 Financial Advisors For You, If you’re worried about your small business during the COVID-19 crisis, a financial advisor can help. The major bank is processing the PPP loan applications it has received, but is not accepting new ones. We will update this list as we are made aware of any changes. This website is not a lender and does not broker loans, make loans or make any credit decisions. It is currently accepting new applications. If you have a current business relationship with Capitol Federal, you can start the application process by emailing your business name, contact name and contact information to the bank at commlenders@capfed.com.