April 3, 2020

SBA Approved Banks Processing PPP Loans
Please refer to our EVOLVING alphabetical list below of SBA-approved financial institutions that are accepting applications and underwriting for Paycheck Protection Program (PPP) loans.
UPDATED: April 6, 2020 11:30AM
5th 3rd Bank
Availability: Accepting applications
Notes: Accepting registration for pre-existing clients only
Bank of America
Availability: Accepting applications
Notes: Accepting registration for pre-existing clients only
Chase
Availability: Not ready
Notes: Applicants can pre-register
Citizens
Availability: Not ready
Notes: Applicants can pre-register
Dollar Bank
Availability: Accepting applications
First Commonwealth Bank
Availability: Accepting applications
First National Bank
Availability: Accepting applications
Notes: Unable to upload documents (expected to be ready Monday, April 7) – use Google Chrome
Huntington National Bank
Availability: Accepting applications
Key Bank
Availability: Accepting applications
Northwest
Availability: Accepting applications by appointment
PNC
Availability: Accepting applications
Notes: Use Google Chrome – enter payroll amount by month
S&T
Availability: Accepting applications
Notes: Online submission only
United Bank
Availability: Accepting applications
Wells Fargo
Availability: No longer accepting applications
WesBanco
Information forthcoming
The banks are requesting pre-registration so that when their site is live for applications, those pre-registered will be notified.
Please see below for the evolving common documents lenders may request according to the Paycheck Protection Program (PPP)
- 2019 IRS Quarterly 940, 941 or 944 payroll tax report
- Payroll reports for the 12 months that show:
Gross wages for each employee (including officers if paid w-2 wages)
Paid time off for each employee
Vacation pay for each employee
Family medical leave pay for each employee
State and local taxes assessed on an employee’s compensation - 1099s for independent contractors for 2019
- Documentation showing a total of all health insurance premiums paid by the company owners under a group health plan
Include all employees and the company owners - Document the sum of all retirement plan funding that was paid by the company owners
Include all employees and the company owners
Include 401K plans, Simple IRA, SEP IRA’s
Please check back as we will be updating the information as we receive it. Do not hesitate to contact us or read the information we have made available to assist you through this crisis.