All PPP Loan Funds Have Been Exhausted
Posted on: May 5th, 2021
The Small Business Administration (SBA) has just announced that effective May 4, 2021 the Paycheck Protection Program (PPP) funding has run out ahead of the May 31st deadline. Therefore, the PPP application portal is no longer accepting applications for loans.
More than 1,000 customers have trusted Clear Mountain Bank to assist them with their PPP loan applications and the forgiveness portion of the loan process. We are proud to have been able to help business owners through this process and we are here to continue to help with the forgiveness portion of your outstanding PPP loans.
For more information on the forgiveness process, please see our PPP Loan Forgiveness page.