CARES Act - SBA Loans

Goals

To get a list of authorized lenders under the Paycheck Protection Program of the CARES Act.

Early Findings

  • From the initial findings, it was established that "All existing SBA-certified lenders will be given delegated authority to speedily process PPP loans. "
  • Steven Mnuchin, the United States Treasury Secretary further added that "businesses can go to a participating SBA 7(a) lender, bank, or credit union, apply for a loan, and be approved on the same day."
  • This list provides the 100 most active SBA 7(a) lenders in the United States.
  • This tool also provides a search function to find SBA lenders per location.

Proposed next steps:

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