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Activation Status of Paycheck Protection Programs (PPP) at SBA Banks

Have a update for a bank to our list of active PPP programs or a data change? Please let us know so we can share.  

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Quick Preparation Guide for SBA 7(a) Loan application for CARES Act (PPP) loans

  Apply for an SBA Loan When can I apply for a loan? April 3rd for small businesses and sole proprietorships April 10th for independent contractors and… Read more »

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SBA Loan Rates – March 2020

    apply for SBA Loan Last monthly update: The maximum interest rates a bank can charge for an Small Business Administration (SBA) loan depends upon the… Read more »

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Lowest cost SBA banks for small business loans

Last quarterly update: We have crunched the numbers and are pleased report the lowest cost Small Business Administration (SBA) lenders so far this year. Many of the… Read more »

When will the $349 billion CARES Act Payroll Protection Program (PPP) money run out?

When will the $349 billion CARES Act Payroll Protection Program (PPP) money run out?

Great question. We don’t know but we expect it to be soon. Here is our daily estimate of funds allocated for the SBA 7(a) Payroll Protection Program… Read more »

$349B doesn’t buy what it used to

Jovita Carranza, Secretary of the SBA, was tweeting on April 3rd 13,669 loans totally $4.3 billion dollars under the SBA CARES Act/PPP 7(a) program went to the… Read more »

Top FAQs related to CARES Act SBA 7(a) Loans

The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep employees working during this pandemic. We’ve received thousands of inquiries… Read more »