COVID-19 Relief Law - PPP Lenders Requiring No Prior Relationship

Coronavirus Aid, Relief and Economic Security Act ("CARES Act") authorized the EIDL and PPP programs, the following is a comprehensive list of all PPP lenders who accept non-existing customers. Please see our prior blog posts to learn more about each program. This list was updated 4/10, and Lenders are subject to change policies. 

U.S. Bank

Serves: Nation-wide

Status: All businesses can apply but it will accept applications in this order, first: single-owner businesses: sole proprietorships, S-Corps and LLCs then it will later expand to other businesses such as independent contractors, multi-owner business and non-profits.

Link:https://www.usbank.com/index.html

 

BBVA USA

Serves: Alabama, Arizona, California, Colorado, Florida, New Mexico and Texas. 

Status:Accepting PPP loan applications through its online portal, but has temporarily closed it to process current applications. Does not state you need to be a customer.

Link: https://www.bbvausa.com/special/covid19-small-business.html

 

Celtic Bank

Serves: Doesn’t state a region requirement.

Status: Accepting PPP loan applications, giving existing customers priority. 

Link:https://start.celticbank.com/paycheck-protection-program

 

Fifth Third Bank

Serves: Doesn’t specify location

Status: Processing PPP loan applications from current customers. Non-current customers will be processed later in April.

Link: https://www.53.com/content/fifth-third/en/alerts/covid-sba-cares-act.html

 

First National Bank (of Pennsylvania)

Serves: Pennsylvania, Ohio, Maryland, West Virginia, Virginia, Washington D.C., North Carolina and South Carolina

Status: Processing applications. Open to non-current customers within it’s servable area. Non-current customers must have an in-person appointment with a banker.

Link: https://www.fnb-online.com/landing/covid-relief-programs

 

First Savings Bank

Serves: South Dakota, New Mexico, Nevada, Nebraska, Texas and Arizona.

Status: Accepting PPP loan applications. Does not state there is a restriction for only current customers.

Link: https://www.firstsavingsbanks.bank/Small-business-resources.htm

 

Fountainhead SBA

Serves: Doesn’t state a specific region

Status Accepting PPP loan applications from all small business owners 

Link: https://www.fountainheadcc.com/ppp/

 

CenterState Bank

Serves: Florida, Georgia and Alabama. 

Status: Not yet accepting PPP loan applications. Does not say being an existing customer is required. Will give priority to businesses in under-served and rural markets, veteran-owned businesses, economically disadvantaged owners and businesses that are less than two years old. 

Site: https://www.centerstatebank.com/paycheck-protection-program/

 

Citizens Bank

Serves: Not region specific

Status: Will start accepting applications soon. Existing customers will be given priority. Non-customer potential applicants should check for updates https://www.citizensbank.com/small-business/paycheck-protection-program.aspx

Link: https://smartasset.com/checking-account/citizens-bank-banking-review

 

Customers Bank

Serves: Pennsylvania, New York, Rhode Island, Massachusetts, New Hampshire, New Jersey, Illinois and Washington, D.C. 

Status: Will be accepting applications soon, fill out this form to be notified when https://www.customersbank.com/business-banking/sba-guaranteed-lending/disaster-relief/Does not say it will limit to existing customers or prioritize current.

 

East West Bank

Serves: 125 locations including in California, Georgia, Massachusetts, Nevada, New York, Texas and Washington. 

Status: Accepting applications. Existing business checking account customers will get priority.

Link: https://www.eastwestbank.com/en/small-mid-size-businesses/sba-paycheck-protection-program

 

Readycap Lending

Serves: Many locations across the US

Status: Taking PPP loan applications. Does not state you must already be a customer.

Link: https://ppp.readycapital.com/

 

Republic Bank

Serves: Pennsylvania, New Jersey and New York

Status: Taking PPP loan applications from current customers and business owners in Pennsylvania, New Jersey and New York.

Link: https://www.myrepublicbank.com/sba-relief-program-0

 

Seacoast Commerce Bank

Serves: Nationwide

Status: Partnered with Kabbage, Inc. and is accepting applications from all business owners 

Link: https://sccombank.com/

 

Stearns Bank

Serves: Minnesota, Florida, and Arizona, 

Status: Currently accepting PPP loan applications, and does not appear to be restricting applicants to existing customers.

Link: https://www.stearnsbank.com/

 

TCF Bank

Serves: Does not specify region

Status: Accepting applications and not limiting customers

Link: https://commercial.tcfbank.com/sbappp/s/application?bank=TCF&

 

KeyBank

Serves: Over 25 states and Washington D.C.

Status: Accepting applicants. Does not state you need to be an existing customer.

Link: https://www.key.com/small-business/promo/stimulus.jsp

 

Metro City Bank

Serves: Georgia, Alabama, Virginia, New Jersey, New York and Texas

Status: Accepting PPP loan applications. No restriction to existing customers. 

Link: https://www.metrocitybank.bank/lending/sba-paycheck-protection-program

 

Newtek Small Business Finance

Serves: Does not specify region

Status: Taking applications. Does not mention needing to be a current customer.

Link: https://partners.newtekone.com/caresact/business-lending/

 

Northwest Bank

Serves: Pennsylvania, western New York and eastern Ohio

Status: Currently accepting loan applications. You do not need to be an existing customer but current customers will be given priority.

Link: https://smartasset.com/checking-account/northwest-bank-banking-review-32647

 

Pacific Western Bank

Serves: California. California, Denver, North Carolina.

Status: Accepting PPP loan applications. Doesn’t state you need to be a current customer.

Link: https://www.pacwest.com/lending-solutions/federal-coronavirus-relief-loans

 

Peoples Bank

Serves: Ohio, West Virginia and Kentucky

Status: Accepting PPP loan applications both from existing and new customers. Will continue to do so while funds are available. 

Link: https://locations.peoplesbancorp.com/

 

Quantum National Bank

Serves: Georgia

Status: Does not state that you must be a current customer to apply

Site: https://www.quantumbank.com/CustomContent.aspx?Name=PPP%20vs%20EIDL

 

United Business Bank

Serves: California, Colorado, New Mexico and Washington

Status: Accepting PPP loan applications from existing business clients and non-customers. 

Link: https://www.unitedbusinessbank.com/loans-credit/business-loans/small-business-loans-sba.html

 

Wallis Bank

Serves: California, Georgia and Texas.

Status: Accepting applications from all businesses in Texas, Southern California and Atlanta metro areas. 

Link: https://www.wallisbank.com/covid19-resources/