COVID-19 BUSINESS RELIEF PROGRAMS
We are committed to helping businesses who have been impacted by COVID-19. ACCESSbank is offering interest only options, payment deferrals and fee waivers where appropriate for commercial loan clients who request it. Please contact your banker to complete the necessary paperwork. If your current situation demands something different, our business bankers can customize a solution to meet your needs.
Paycheck Protection Program (PPP) News | Applying for Round Two:
December 7, 2020: As a result of a court order following lawsuits brought by media organizations seeking the data, the Small Business Administration (SBA) released public data on December 1st about Paycheck Protection Program (PPP) borrowers—specifically, the borrowers’ name, address, exact loan amount and who their PPP lender was.
We want you to know that we, as your bank, did not publicly disclose the data and played no role in the court decision. Our commitment to protect your privacy is paramount, and we follow all applicable laws and regulations.
Unfortunately, we have heard that some third-party businesses are using information from the court-ordered data release to market themselves to PPP customers. These communications may reference ACCESSbank’s name and may even imply that we have some kind of relationship.
You should be aware that we will communicate directly with you about your PPP loan and the forgiveness process. If you have any doubt, please call us directly. As always, our commitment is to your business’s financial health.
Paycheck Protection Program (PPP) Forgiveness:
We have provided a link to our online forgiveness application to all customers who have a PPP loan. If you have questions, please contact your Business Banker.
Forgiveness Portal Instructions
Emergency Injury Disaster Loan (EIDL):
This loan advance will provide up to $10,000 of economic relief to businesses that are currently experiencing temporary difficulties. Click here(Opens in a new Window) to learn more.
To explore options for your business, connect with our business banking team.
Additional Tools & Resources
- For modifications to existing SBA loans or Emergency loans needed as a result of COVID-19, click here.
- For assistance with understanding options to help prevent layoffs of employees, click here.