COVID-19 business relief programs
ACCESSbank is committed to helping businesses who have been impacted by COVID-19. We're offering interest only options, payment deferrals and fee waivers where appropriate for commercial loan clients who request it. Please contact your banker so we can complete the necessary paperwork. If your current situation demands something different, our business bankers can customize a solution to meet your needs.
SBA LOAN PrOGRAM GUidance:
Paycheck Protection Program: The CARES Act allocated funds to small businesses under the Paycheck Protection Program (PPP). The program provides 100% federally guaranteed loans to small businesses with the goal of helping them keep their staff employed during the COVID-19 pandemic and any resulting economic downturn. We've prepared step-by-step instructions to provide the tools you need to apply for a PPP loan. Click on the icons below to get started.
Economic Injury Diaster Loan (EIDL): This loan advance will provide up to $10,000 of economic relief to businesses that are currently experiencing temporary difficulties. Click here to learn more.
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.