Congress has approved additional funding for the SBA’s Paycheck Protection Program (PPP), which is designed to support businesses affected by COVID-19.
If you’re interested in applying for a PPP loan, you can do it through Chase if you have an active Chase business checking account. If you don’t already have one, find out how to open an account and learn more at.
See the below message from Jennifer Roberts, CEO of Chase Business Banking:
“We are now accepting applications online for first and second-time PPP loans. I hope this will help your business.
Before applying, you must:
- Meet the key requirements.
- Have all the necessary documents The requirements have changed, so please review the details below before starting your application.
- If this is your second PPP loan with Chase, we will pre-fill the SBA Loan Number and amount of your first PPP loan on your application. Otherwise, you’ll need to provide them.
- Open a Chase business checking account here or at your local branch, if you don’t have one. You’ll need an active business checking account to apply with us. It may take up to 10 days upon account opening before you are able to apply for a PPP loan. You can apply on the 11th day.
You may also want to contact your accountant, attorney or other trusted advisors.
Keep checking back here for updates.”
Thank you for being a Chase customer,
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