President Biden announced important changes to the PPP, including a two-week window for businesses with fewer than 20 employees.
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August Top 10 Lenders
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District Office Lending Chart
7(a) Loan Guaranty Program
| Lender Name | 7a Number of Loans |
7a Loan Amount |
|---|---|---|
| BUSINESS FINANCE GROUP, INC. | 35 | 25,620,000 |
| WELLS FARGO BANK | 60 | 21,706,000 |
| M&T Bank | 118 | 18,117,200 |
| SUNTRUST BANK | 23 | 13,578,800 |
| EAGLE BANK | 28 | 10,934,000 |
| CELTIC BANK CORPORATION | 19 | 4,671,600 |
| BB&T BANK | 21 | 4,399,300 |
| TD BANK, N.A | 13 | 4,017,000 |
| PNC BANK | 14 | 2,863,100 |
| CAPITAL BANK N.A. | 15 | 2,585,000 |
| Total SUM | 346 | 108,492,000 |