Bank of America Becomes First Big Bank to Start Accepting PPP Applications

·Apr. 3, 2020·1 min read

Bank of America becomes the first of the big four banks to allow applications for the Paycheck Protection Program (PPP); it launched its portal for small business loans at 9am ET on Friday; JPMorgan Chase, Citi and Wells Fargo had still not launched portals yet as of this writing; Richard Hunt, head of the Consumer Bankers Association, told CNBC Thursday that banks are “moving heaven and earth to get a system in place and running to help America’s small businesses and the millions of men and women who work at them”. Fortune

Emily Donato

With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

View all posts

Bank of America Becomes First Big Bank to Start Accepting PPP Applications

Are We About to Make a Quantum Leap in Small Business Lending?

Renton’s Take: Major Shifts for Small Business Lending?

How Fintech Lenders Can Help Capture Small Business Opportunity

Enough Already! Funding Circle Deserves to Keep Their 7(a) Lending License