SBA Paycheck Protection Program (PPP)

The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll. Below is a list of lenders serving the Southern California market. Please note, PPP availability is changing on a daily basis. This list will be updated on Monday and Friday of every week until the program is fully committed.

To learn more about LISC’s efforts in this area, click here.

4/26 Update: The Small Business Administration has released a 2nd round of funding to lenders. Please view the list below for available lenders.

SBA Paycheck Protection Program Lenders (Open to All)

Lender	Application Status	Required Relationship Status	As of
CDC Small Business Finance	Open	Open to nonexisting customers	5/5/2020
United Business Bank	Open	Open to nonexisting customers	5/5/2020
Wallis Bank	Open	Open to nonexisting customers	5/5/2020
Washington Federal	Open	Open to nonexisting customers in Texas, Southern California and the Atlanta Metro area	5/5/2020
Umpqua Bank	Open	Open to nonexisting customers	5/5/2020
USC Credit Union	Open	Open to nonexisting customers	5/5/2020
Ready Capital	Open	Open to nonexisting customers	5/5/2020

SBA Paycheck Protection Program Lenders (Customers Only)

Lender	Application Status	Required Relationship Status	As of
Bank of America	Open	Existing Customers	5/5/2020
California Bank and Trust	Open	Existing Customers Priority	5/5/2020
Celtic Bank	Open	Existing Customers	5/5/2020
Citi	Open	Existing Customers	5/5/2020
Citizens Bank	Open	Existing Customers	5/5/2020
Comerica	Open	Existing Customers Priority	5/5/2020
East West Bank	Open	Existing Customers Priority	5/5/2020
Fifth Third	Open	Existing Customers	5/5/2020
First Bank	Open	Existing Customers	5/5/2020
People’s United Bank	Open	Existing Customers	5/5/2020
Signature Bank	Open	Existing Customers	5/5/2020
SunTrust Bank	Open	Existing Customers	5/5/2020
Bournus Employees Federal Credit Union	Open	Existing Customers	5/5/2020
Banner Bank	Open	Existing Customers	5/5/2020
Capital One	Open	Existing Customers	5/5/2020
Chase	Open	Existing Customers	5/5/2020
CNB Bank	Open	Existing Customers	5/5/2020

SBA Paycheck Protection Program Lenders (Unclear)

Lender	Application Status	Required Relationship Status	As of
Huntington	Open	Unclear	5/5/2020
US bank	Open	Unclear	5/5/2020
Commonwealth Business Bank	Open	Unclear	5/5/2020
Sterling Bank	Open	Unclear	5/5/2020
TD Bank	Open	Unclear	5/5/2020
US Metro Bank	Open	Unclear	5/5/2020
Pacific Enterprice Bank	Open	Unclear	5/5/2020

SBA Paycheck Protection Program Lenders (Closed)

Lender	Application Status	Required Relationship Status	As of
Bank of Hope	Closed	Existing Customers	5/5/2020
Boston Private Bank & Trust	Closed	Existing deposit account	5/5/2020
Silicon Valley Bank	Closed	Existing Customers	5/5/2020
Cathay Bank	Closed	Unclear	5/5/2020
Bank of Southern California	Closed	Unclear	5/5/2020
Fountainhead SBF	Closed	Open to Non-existing customers	5/5/2020
America First Credit Union	Closed	Open to nonexisting customers	5/5/2020
LA County/ CRF USA	Closed	Open to nonexisting customers	5/5/2020
Union Bank	Closed	Unclear	5/5/2020
VelocitySBA	Closed	Unclear	5/5/2020
CommerceWest Bank	Closed	Unclear	5/5/2020
Bank of the West	Closed	Existing Customers	5/5/2020
Hanmi Bank	Closed	Existing Customers	5/5/2020
Pacific Western Bank	Closed	Existing Customers	5/5/2020