As businesses prepare their applications for the next round of Payroll Protection Program funding, the Arizona District Office of the SBA would like to share feedback it received today from business owners, which is that the majority of the local lenders on the SBA list are only accepting PPP applications only from existing clients.
The Arizona SBA maintains its updated lender list that includes Fintech lenders participating in PPP as well as a link to the national list of PPP lenders from SBA Office of Capital Access. That list includes the lenders who service Arizona borrowers, even if they do not have an in-state loan production office.