Advertiser Disclosure

🏦 Get funded today with one of our top lenders for 2021

All The Provisions in the American Rescue Plan Act of 2021 For Small Businesses

Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity.
Jason Vissers

Jason Vissers

Expert Analyst & Reviewer: Finance, Payments, eCommerce at Merchant Maverick
Jason Vissers has been researching, analyzing, and writing about small business software and finance since 2015. His financial expertise has been cited in numerous YMYL publications, including the Ladders. Jason graduated with a Political Science degree from San Diego State University in 2001.
Leave a comment

2 Comments

Responses are not provided or commissioned by the vendor or bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the vendor or bank advertiser. It is not the vendor or bank advertiser's responsibility to ensure all posts and/or questions are answered.

    Zane Sims

    I applied for PPP loan through my credit union close to program running out of funds. My application made it through the SBA portal and it is in a hold pattern. I read that there is 6 billion in reserve for existing applicants and, present error application’s, do you think loans sitting in SBA portal are going to be funded?

      Jessica Dinsmore

      Hi Zane,

      The information we have indicates that the SBA has stopped accepting PPP applications due to a lack of funds, though they will continue to fund outstanding applications that have been already approved.

      Leave a Reply

      Your email address will not be published. Required fields are marked *

      Your Review

      Comment moderation is enabled. Your comment may take some time to appear.
      Please read the "User Review and Comment Policy" before posting.

      Share

      Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.

      PPP & EIDL Are Not Your Only Options

      The SBA has expanded their loan portfolio and we have the list that no one else is talking about (yet) — Sign up for our newsletter to get your free copy!

      • This field is for validation purposes and should be left unchanged.

      Sign up for the Maverick Newsletter

      • Please select topics of interest

      • We occasionally send out emails with special offers.
      • This field is for validation purposes and should be left unchanged.