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Alert:

Please watch out for fraudulent email scams utilizing the SBA name and logo concerning the CARES Act financing programs.  These emails may ask you to click on a link for an application or ask for personal identifiable information.  Do not click the link or respond in any way.  As a Preferred Lender for the SBA, InsurBanc can provide you with the information you need to apply for an SBA loan.  Please click here for more information and how we can help you.

CARES Act Small Business Lending

Get Started

InsurBanc is accepting applications for the second round of SBA PPP funds that are available.  Use the Get Started button to register your contact information and we will forward you an application package with an information request.

If you have previously registered with us, you have already received our application package and there is no need to register again.

 

Please remember that a borrower is prohibited from receiving more than one PPP loan. If you applied with another lending institution, please check with your lender to make sure you have not already been approved under the program.


Paycheck Protection Program

Uses

  • Payroll & Employee Salaries
  • Costs Related to Continuation of Group Health Care Benefits
  • Mortgage Interest
  • Rent & Utilities
  • Interest on Debt Obligations Incurred Before 2-15-2020

Interest Rate

  • 1.0% fixed

Term

  • 2 year

Loan Amount

  • 2.5x business's average monthly payroll

Forgiveness

  • Up to 100% with approval

 

Program details are accurate as of 4/3/2020. Terms and conditions are subject to change.

All loans subject to credit review and approval.

Required*