Update, Friday April 24th: The Small Business Administration has announced that it will begin accepting applications for the second round of Paycheck Protection Program loans on Monday, April 27 at 10:30am. We plan to begin accepting applications again at that time. Please watch this website and your email for additional information on Monday morning. Thank you for your business. We are all in this together.
On April 16th, the Small Business Administration (SBA) announced that the funding for the Paycheck Protection Program (PPP) has been fully exhausted and they are no longer accepting applications. While there is a possibility that Congress might enact additional funding, we are not accepting applications at this time as we cannot predict if Congress will initiate additional funding or if that the program and/or application may change significantly. When new funding becomes available, we will update our website and social media to alert any business customers who have not yet applied.
Our business lending team is working to contact all previous applicants who are affected by this change as quickly as possible.