If your first application is rejected, you can submit another application through a second lender. This is a technical violation of The CARES Act guidelines and could compromise your approval. PPP loan applications cannot be concurrent. ![]() Visit the ACCU COVID-19 Response Micrositefor our latest updates, blogs, tools, resources, and guidance.įintechs Working With Partner Banks for PPP LoansĬaution against applying at multiple banksĭo not apply to multiple banks at the same time.If your organization is not a member, we invite you to apply through our COVID-19 Response page.The non-profit must accurately complete and certify the organization’s membership application with ACCU.Processing of PPP applications is on a first come, first served basis for our Ministry/Business members.Please note the ACCU will only continue with the process of your application once additional funds are approved by the SBA.If a business or organization that is affected by this pandemic, ACCU is taking applications.You must be an existing Paypal customer.Īmerican Christian Credit Union (ACCU)- The PPP loan is now available to churches, ministries, Christian schools and other non-profit 501(c)(3)s,.If you don’t have a Square account, you can create one h ere.You don’t have to process your payments with Square, but you must have a Square account.You must meet certain eligibility requirements established by the SBA.Square Capital: In order to apply for PPP funding through Square Capital: Given the large demand for federal relief funds, additional funds could run out within days. Applications will not be submitted to the SBA unless this required information is completed. If you submitted a PPP loan application within QuickBooks Capital, you need to complete some required information, so we can process and submit the application. This means we need more information from any customers who have already submitted a PPP loan application within QuickBooks Capital. Update 04-26-2020: The SBA has changed the requirements for the Paycheck Protection Program.Soon, additional customers may be able to apply for a Paycheck Protection Program loan within QuickBooks Capital.If you are a QuickBooks Payroll customer, sign in to check if it is available in your product.Fintech describes any company that provides financial services through software or other technology and includes anything from mobile payment apps to cryptocurrency.) (Fintech is a term used to describe financial technology, an industry encompassing any kind of technology in financial services – from businesses to consumers. ![]() Additional traditional banks offering PPP loans:Īquesta Bank- PPP loan program applicationįirst National Bank- PPP loan program applicationįor the very first time, the SBA and the Treasury have allowed non-traditional banks to participate in lending.
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