SBA’s Lender Match is an additional resource for pandemic-affected small businesses that have not applied for or received an approved PPP loan to connect with lenders. The forgivable PPP loan is emergency relief assistance aimed at sustaining businesses and keeping employees on the payroll. Lender Match does not accept Economic Injury Disaster Loan applications.
Lender Match was on pause due to CARES Act implementation priorities and loan volume. It is now being reinstated for CDFIs and other Small Asset Lenders. Leads will only be forwarded to CDFIs and Lenders with < $10b in assets until the PPP program ends on June 30, 2020, at which time Lender Match will be open to all participating SBA Lenders. Lender Match not only connects borrowers with accessing PPP loans, but also other SBA lending products, such as 7(a), 504, Microloans, and Community Advantage loans which are currently offering debt relief.
Need help applying for your business? Schedule your 1-on-1, no-cost consultation today
We provide the tools, strategies, and expertise to help Florida’s business community thrive. Schedule a no-cost, confidential, one-on-one session today!