Finances and Taxes

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

Gusto Editors  

Applications for PPP will close on May 31, 2020, but some experts say funding may run out mid-April, so make sure you understand how to access a loan now.

To access a list of lenders, keep reading.

The following lenders are Gusto partners (for the full list of lenders, click on the link directly above):

Lender TypeLender
Community lenderACAP / The Loan Source
FintechBiz2credit
Community lenderBlue Ridge Bank
FintechBlueVine
Community lenderCustomers Bank
FintechFunding Circle
Community lenderOpportunity Fund

The financial options that appear on this site are from companies from which Gusto receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). Gusto strives to provide a wide array of offers for our members, but these options do not represent all financial services companies that are offering PPP.

All images and trademarks are the property of their respective owners. Any personal views, analysis, reviews, or recommendations expressed are the author’s alone, and do not necessarily reflect the viewpoint of Gusto. Any editorial content has not been approved, provided, reviewed, or otherwise endorsed by any of the referenced companies providing financial products or services.

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: April 2, 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

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