President Biden announced important changes to the PPP, including a two-week window for businesses with fewer than 20 employees.
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June 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. (CDC) | 28 | 22,151,000 |
| WELLS FARGO BANK (NAT) | 46 | 17,369,800 |
| M&T BANK (NAT) | 90 | 14,548,300 |
| SUNTRUST BANK (NAT) | 17 | 12,677,800 |
| Eagle Bank | 25 | 10,334,000 |
| SANDY SPRING BANK (REG) | 11 | 3,877,000 |
| CELTIC BANK CORPORATION (NAT) | 13 | 3,821,600 |
| BB&T BANK (NAT) | 17 | 3,543,800 |
| TD BANK, N.A (NAT) | 11 | 2,842,000 |
| CAPITAL BANK N.A. (COM) | 12 | 2,110,000 |
| Total SUM | 270 | 93,275,300 |