Banks Currently Accepting Payroll Protection Program Loan Applications

The Paycheck Protection Program officially ended on May 31, 2021. Read our PPP page for more information or visit our PPP Loan Forgiveness Guide.

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Congress approved $284.5 billion in new Paycheck Protection Program funding as part of a larger COVID-19 relief package that President Trump signed into law on Dec. 27.

Under the new package, additional types of businesses and industries have been made eligible for PPP loans, including housing and small agricultural cooperatives, 501(c)(6) organizations, and certain news outlets.

Furthermore, businesses that have no more than 300 employees, can demonstrate at least 25% reduction in annual gross receipts or in any 2020 quarter as compared to the same quarter in 2019, and have used or planned to use all of their first PPP loan may be eligible for a second PPP loan.

Here’s a roundup of banks, CDFIs, credit unions, and online lenders that are currently accepting applications for first- or second-draw PPP loans.

America First Credit Union

America First Credit Union is currently accepting applications on its website. You must have a business bank account or be willing to sign up for one in order to apply.

American Lending Center

American Lending Center, a nonbank lender, is accepting PPP loan applications on its website.

Ameris Bank

Ameris Bank is accepting applications from borrowers who received their first PPP loan through the bank. New customers based in Alabama, Florida, Georgia, North Carolina, and South Carolina are also eligible to apply.

AmPac Business Capital

This community lender is accepting applications for PPP loans of $50,000 or less via its website.

AltCap

AltCap, a CDFI, is focused on serving small and minority-owned businesses in the Kansas City area. It is currently accepting applications for first and second PPP loans on its website.

Atlantic Capital Bank

Atlantic Capital is only accepting PPP loan applications from current customers.

Bankers Trust

Bankers Trust is accepting applications for first-draw and second-draw PPP loans. The bank will prioritize existing customers and local nonprofits.

Bank of America

Bank of America is only accepting applications from its existing small business customers. In order to apply, you must have had a business lending and business deposit relationship with Bank of America prior to 12/21/2020, meaning you have a business bank account, plus a business credit card, loan, or line of credit through the bank. Alternatively, you are eligible to apply if you have a BoA business bank account and do not have a credit or borrowing relationship with another bank. Only BoA customers who received PPP loans through the bank are eligible to apply for second-draw loans. Learn more here.

Bank of Hope

Existing Bank of Hope customers can apply for first or second loans through the lender.

Bank of the West

Bank of the West is accepting applications for first and second PPP loans from existing customers who had an active business checking account with the bank as of 1/1/2021.

BBVA

The Alabama-based bank is now accepting applications for first and second PPP loans. You must have an existing BBVA checking account to be eligible to apply.

Black Business Investment Fund Florida

Black Business Investment Fund (BBFI) Florida, a nonprofit CDFI, is accepting applications from Florida businesses. Existing BBFI Florida customers should contact their lender directly to apply. New customers can fill out an application for a first or second PPP loan on BBFI Florida’s website.

Bluevine

Bluevine, an alternative lender, is accepting applications for first and second PPP loans from new and existing customers.

BMO Harris

BMO Harris is accepting applications from its existing customers. If you received a PPP loan from BMO Harris previously, you can apply for a second loan through its website. If you are a first-time PPP borrower, you should contact your local BMO Harris branch for assistance.

BOC Capital

This community lender is now accepting PPP loan applications.

Byline Bank

Current Byline Bank customers can now apply for first or second PPP loans through the lender.

Cathay Bank

Cathay Bank is accepting applications from new and existing borrowers located in the states the bank serves: California, Illinois, Maryland, Massachusetts, New Jersey, New York, Nevada, Texas, and Washington. You will be required to open a business checking account with the bank prior to completing the application.

CenterState Bank

CenterState Bank is accepting applications for first and second PPP loans. The bank will email prior PPP customers with information about how to apply for a second loan. New customers should fill out an interest form and the bank will contact you.

Centerstone SBA Lending

This non-bank lender is accepting applications for first- and second-draw PPP loans. Learn more on its website.

Chase Bank

Chase is accepting applications for first and second PPP loans through its website. You need to be a current Chase business checking account holder, or you need to be willing to open a Chase business checking account to be eligible to apply.

Citibank

Citibank is accepting applications for first and second PPP loans from current business customers. Learn more on its website.

Citizens Bank

Citizens Bank is accepting first and second PPP loan applications via its website. Only existing Citizens Bank customers who had a business banking or lending relationship with the bank prior to 12/1/2020 can apply.

Compeer Financial

Compeer Financial, a member-owned Farm Credit cooperative, is currently accepting PPP applications on its website.

Colorado Enterprise Fund

Colorado Enterprise Funds is accepting applications for first and second PPP loans on its website.

Comerica 

Comerica is accepting applications for first and second PPP loans from existing customers who had a business deposit account prior to 9/30/2020.

Cross River Bank

Cross River Bank is currently accepting applications for first- and second-draw PPP loans from existing and new customers via its website.

EagleBank

EagleBank is accepting applications from customers who had a bank account or active loan with the bank as of June 30, 2020. Borrowers who previously received a PPP loan through EagleBank should reach out to their relationship manager or find out more information on the bank’s website. Those who did not previously receive a PPP loan should email FirstTimePPPLoan@eaglebankcorp.com.

Eastern Bank

Eastern Bank is accepting request forms for the PPP application via its website.

East West Bank

East West Bank, a minority depository institution, began accepting applications for first PPP loans on Jan. 11. and second PPP loans on Jan. 13 from existing customers who have a business checking account. Contact your relationship manager or a branch representative for more information.

Enterprise Bank and Trust

Enterprise Bank and Trust is accepting applications for first- and second-draw PPP loans from new and existing customers via its website.

The Enterprise Center Capital Corporation 

This CFDI is accepting first and second PPP loan applications from businesses across the country.

Falcon National Bank

Falcon National Bank is only accepting PPP applications from existing customers. Reach out to your banker for more information.

Fifth Third Bank

Fifth Third Bank is accepting applications for first and second PPP loans. Learn more on its website.

FirstBank

FirstBank is accepting applications for first and second PPP loans. To be eligible to apply, you must have had an existing relationship with the bank prior to 12/31/2020.

First Citizens Bank

Existing customers can apply for first or second PPP loans through First Citizens Bank. Learn more on the bank’s website.

First Financial Bank

First Financial Bank is accepting applications for first and second PPP loans via its website.

First General Bank

This California-based bank is accepting applications for first and second PPP loans from new and existing customers. Contact your local branch for more information.

First Horizon Bank

First Horizon Bank is currently accepting PPP applications. Contact your banker for more details and a link to the application.

First IC Bank

First IC Bank is currently accepting first and second PPP loan applications.

Five Star Bank

Five Star Bank is accepting applications for first and second PPP loans. You must have a current business deposit account or be willing to open one in order to apply.

Fountainhead SBF LLC

This non-bank commercial lender is now accepting applications for first and second PPP loan applications via its website.

Frost Bank

Frost Bank is accepting applications for PPP loans from new and existing customers. Learn more on its website.

Fulton Bank

Fulton Bank is currently accepting applications from existing Fulton Bank business customers with deposit or loan accounts in good standing as of 1/1/2021. Learn more and apply via the website.

Growth Capital

Growth Capital is accepting applications for second-draw PPP loans.

Harvest Small Business Finance

Harvest Small Business Finance is accepting applications for first and second PPP loans from new and existing customers.

HOPE Credit Union

Hope Credit Union, a CDFI, is currently accepting PPP applications from new and existing customers. It will accept applications from businesses in the following states: Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Virginia, and Texas.

Independent Bank

Independent Bank is now accepting applications for second-draw PPP loans.

The Latino Economic Development Center

The Latino Economic Development Center is accepting PPP applications from businesses located in Maryland, Washington, D.C., northern Virginia, or Puerto Rico via its website.

Liberty Bank

Liberty Bank is accepting applications for first and second PPP loans via its website. The bank will accept applications from Connecticut businesses and Massachusetts businesses based in the following counties: Berkshire, Franklin, Hampden, and Hampshire.

MBE Capital Partners

MBE Capital Partners, a fintech company, is now accepting PPP loan applications. You can learn more here.

Mountain West Bank

Mountain West Bank is accepting applications from Washington- and Idaho-based businesses for first-draw and second-draw PPP loans.

M&T Bank

M&T Bank is accepting applications for first and second PPP loans from existing business customers.

Navy Federal Credit Union

Navy Federal Credit Union is only accepting applications for PPP loans from existing business members.

Newtek Small Business Finance, Inc.

One of the SBA’s 100 most active 7(a) lenders, Newtek, is currently accepting first and second PPP loan applications.

NexTier Bank

NexTier Bank is now accepting first- and second-draw PPP loan applications. You can access the applications online and email the completed form to sba@nextierbank.com.

Northfield Savings Bank

Northfield Savings Bank is accepting applications for first and second PPP loans from its customers and Vermont-based businesses. You can access the application on its website.

Open Bank

Open Bank is accepting applications for second-draw PPP loans from new and existing Open Bank customers.

Opportunity Resource Fund

Opportunity Resource Fund is accepting applications for first and second PPP loans from Michigan-based businesses.

Pacific Western Bank

Pacific Western Bank is currently accepting applications from existing customers. Contact your relationship manager to apply.

PeopleFund

PeopleFund is accepting applications for first and second PPP loans via its website.

Pinnacle Bank

Pinnacle Bank is accepting first and second PPP loans from existing customers. In order to apply, contact your local branch or loan officer. Learn more here.

PNC Bank

PNC Bank is now accepting first and second PPP loan applications from customers who have existing business deposit or lending relationships with the bank. You can fill out an application online.

Prestamos CDFI

This CDFI is accepting applications for first-time PPP loans on its website.

Profinium 

This Minnesota-based lender is accepting first and second PPP applications.

Radius Bank

Radius Bank is accepting applications for second PPP loans from customers who received their first loan through the bank.

Raza Development Fund

Raza Development Fund, a Latino CDFI, is accepting applications for first and second PPP loans. Fill out the interest form on its website to get started.

Regions 

If you’re an existing Regions Bank customer who had a business banking relationship with the intuition as of 12/1/2020, you can apply for a first or second PPP loan on their website.

Renaissance Community Loan Fund

Renaissance Community Loan Fund is now accepting PPP applications for Mississippi businesses via its website.

Renaissance Economic Development Corporation

This CDFI is accepting applications from New York City-based businesses. Fill out an interest form on its website, and a business counselor will contact you to start your application.

Rural Community Assistance Corporation

This nonprofit is accepting first and second PPP applications. Visit its website for more information.

Seattle Bank

Seattle Bank is accepting first- and second-draw PPP loans from new and existing customers via its website.

Small Business Assistance Corporation

Small Business Assistance Corporation (SBAC) is accepting PPP loan applications from businesses based in the southeastern Georgia and South Carolina counties that it serves, but is prioritizing existing customers. See if your business is in a covered area, and apply via its website.

Sunrise Banks

Sunrise Banks, a community development financial institution, is accepting applications for PPP loans. New and existing customers can apply.

Synovus Bank

Synovus Bank is accepting applications for first and second PPP loans. The bank will accept applications from existing and new customers, but new customers must open a business checking account five days prior to applying.

TD Bank

Existing TD Bank business customers can apply for first or second PPP loans. Borrowers must have been TD Bank business customers as of 12/31/2020 to be eligible to apply.

Trustmark National Bank

Trustmark is accepting applications for first and second PPP loans from new and existing customers. Learn more on its website.

Umpqua Bank

Umpqua Bank is accepting PPP applications. Business owners who would like to apply should contact their local branch for details. Existing Umpqua Bank customers can also access the application online through their bank account.

Union Bank and Trust

Union Bank and Trust is accepting first and second PPP applications via its website. The bank is accepting applications from businesses and nonprofits located in Nebraska and Kansas, but will prioritize existing customers.

U.S. Bank

U.S. Bank is accepting applications for first and second PPP loans. Existing customers nationwide can apply, as can non-customers located in states with U.S. Bank branches.

Valley Economic Development Partners

Valley Economic Development Partners is now accepting applications for PPP loans.

Wallis Bank

Wallis Bank is accepting PPP applications from existing customers.

Wells Fargo

Wells Fargo is accepting PPP loan applications from existing customers. In order to apply, you must have opened an eligible Wells Fargo business checking account by 12/1/2020. Read their guidelines in full here.

Zions Bank

Zions Bank is accepting applications for first and second PPP loans via its website.