Congress has allocated a new round of funding for the Paycheck Protection Program.
We are currently processing a large volume of applications on behalf of our customers that had not yet been approved at the time SBA exhausted their initial funds. Our priority is to submit these applications on behalf of customers now.
Concurrent with that, we are accepting new PPP applications from our customers. We will process those as capacity allows and will handle them on a first come first served basis.
Due to factors beyond our control, including nationwide demand and SBA response times, we cannot guarantee that applications will result in SBA approved loans.