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.  

 

Main Street lending program:
The Main Street Lending Program was introduced under Title IV of the Coronavirus Aid, Relief and Economic Security (CARES) Act and is designed to provide support to small and medium-sized businesses that were in a sound financial position prior to the COVID-19 pandemic. Please review our guide below for more details. 

 
Paycheck Protection Program Forgiveness: 

The SBA Paycheck Protection Program (PPP) Forgiveness Platform opened and started accepting forgiveness applications on August 10, 2020.

There is proposed legislation which may reduce the amount of paperwork required for PPP loans $150,000 and less. If the bill passes, it will simplify the forgiveness process for those who received funds within this category. It is our goal to get clarification before accepting applications for these loans to make sure we are requesting the correct documentation. 

We are in the process of testing the forgiveness portal and plan to send a link to those who received loans greater than $150,000 very soon.

PPP Q&A

Loan Forgiveness Application 

Loan Forgiveness Application (EZ Form)

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. 
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what our clients are saying

 
"Hats off to ACCESSbank for being there for me during the entire PPP application process. At a time when small businesses need more help than ever, ACCESSbank was there."  - Guinio Volpone, Owner of Concierge Live
 
"I would like to thank Mike Corrigan at ACCESSbank for his help and advice over the last several weeks. If you're looking for a banker that will email you on a Saturday night for help with paperwork due on Monday, Mike is your guy." - Robert Miller, President of CenterPoint Group, Inc.
 
Thanks to ACCESSbank's help with obtaining PPP funds, we can ensure our employees will receive their wages and continue to service clients as normally as possible. I would like to thank Jacques Smith, Taylor Severin, Paul Holubeck, Brittani Clatanoff, and the rest of the team that assisted us. We look forward to working with you in the future." - Kris Roath, President, Sirkdot