Finances and Taxes

PPP Round 2 Lenders: Who is Participating in the New PPP?

Gusto Editors  

Update as of May 5, 2021:

Funding for PPP has run out for all lending institutions with the exception of CDFIs. Funding remains solely for community lenders.

Find out more about CDFIs here.

To access a list of lenders, click on the link to the spreadsheet we provide below.


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While Gusto always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms – and before applying you should review and understand the full terms and conditions as stated by the issuer. The information about these financial products or services is presented without warranty and the estimated dollar amounts or other terms presented do not bind any lender. All loans may be subject to review and approval.

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Updated: May 19, 2021

Comments

  • Saliou Diallo

    The Banking institution my company uses did not decide if they will participate in this second round, can we use a bank we do not do business with at the moment?

    Reply
    • Gusto Editors

      Hi Saliou — yes, you should be able to use a new lender for the second round. However, since your current lender already has your information on file, applying through them (should they choose to partake) would be your best route.

      Reply
  • Patricia Rider

    Looking for the small business PPP Loan financial help for my small business. Need to send the application asap before the funds are depleted. TY

    Reply

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