Banks Accepting PPP applications

PracticeCFO has researched a few lenders for those applying for the 7a loan. We  have not vetted them in detail as it’s difficult to speak with a representative right now. However, many clients have requests a list of lenders when their bank is not offering the 7a loan, or isn’t accepting any more applications.

Online Lenders Geographic Areas
Cross River Bank https://www.crossriversba.com/ Entire US
Lendio https://www.lendio.com/covid-relief/sba-paycheck-protection-program-loans/ Like Kabbage not a bank
Divvy https://getdivvy.com/covid-19/ Like Kabbage not a bank
Funding Circle https://www.fundingcircle.com/us/paycheck-app-start/ Entire US
Smart Biz https://mailchi.mp/smartbizloans.com/paycheck Like Kabbage not a bank
Newtek https://partners.newtekone.com/rbfcu/cares-act/ Like Kabbage not a bank
Readycap https://go.readycapital.com/l/686683/2020-03-30/3747n Like Kabbage not a bank
Traditional
First United Bank https://www.firstunitedbank.com/paycheck-protection-program Oklahoma and Texas Only
Celtic Bank https://start.celticbank.com/paycheck-protection-program Appears to be anywhere in the US
Midwest BankCentre https://www.midwestbankcentre.com/ppploan St Louis City, St. Louis County, St. Charles County
Republic Bank https://www.myrepublicbank.com/sba-relief-program-0 Pennsylvania, New Jersey, New York
Kish Bank https://www.kishbank.com/information-center/sba-paycheck-protection-program Centre, Huntingdon, Mifflin, Juniata, and Blair Counties (Located in Pennsylvania)
Honesdale National Bank https://www.hnbbank.bank/business/coronavirus--covid-19--loan-options Lackawanna County, PA
Luzerne County, PA
Pike County, PA
Susquehanna County, PA
Wayne County, PA
American Heritage CU https://www.americanheritagecu.org/business/business-financing/business-relief Appears to be anywhere in the US
Enterprise Bank & Trust https://www.enterprisebank.com/about/covid-19-update/loan-relief Appears to be anywhere in the US (Also appears to have a long wait time)

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