NPACT
  • About
    • NPACT History
    • Awards > >
      • 2022 Critics' Choice Real TV Awards
      • 2021 Critics' Choice Real TV Awards
      • 2020 Critics' Choice Real TV Awards
      • 2019 Critics Choice Real TV Awards
      • 2018 Impact Awards
    • Members
    • Leadership & Team
    • Executive Committee
    • Board
    • Associate Advisory Board
  • News
    • NPACT News
    • Archives: Newsletters & Updates
  • Media
    • Members Only: Insider Sessions
    • 5 in 15
    • Online Department Meetings
    • Podcasts
    • Webinars
    • Member Meetings
  • Resources
    • Member Savings
    • Healthcare Offerings
    • Member Questions
    • Member Email Archive
    • Opportunity Initiative Resource
    • Tax Incentives
    • Member Directory
    • Network Contacts
    • Dev Resource Contact List
    • Agency Contacts
    • Attorney Contacts
    • Wage/Labor Information
    • Survey Results
    • Resume Portal >> >
      • Job Fair Resumes
      • College Job Event Resumes
    • Misc. Industry Information
  • Contact
  • Join!
  • COVID-19 Resources
    • Response Resource Hub
    • Products & Services
    • Hotline
  • Upcoming Events

Missed Out on an SBA Loan? Read This!

For those of you who missed out on the first allocation under the SBA Loan Program (PPP & EIDL):

Congress approved another $320B and the SBA began approving new loans yesterday.  Many of you are sitting on the outside looking in, as you are banking with large banks that have massive backlogs of applications.  If this is the case, then please consider the update I just got from Deuce over at RECESS (Quake LA, Cohort #1).

They got connected to a regional banker in IL.  Their application was reviewed and approved in one day.  It was submitted to the SBA portal yesterday and they received final approval.  They've been waiting to hear from their main bank (Chase) since missing out on the first allocation a few weeks ago.

Deuce indicates that the banker told him that they have PPP allocation left and that portfolio companies can reach out to them.  Here is his contact info - just be sure to let him know that Deuce Thevenow from RECESS referred you:

Contact Travis Clem at tclem@southportebank.com

©2023 NPACT. ALL RIGHTS RESERVED.
This site is best viewed in the Firefox web browser.
  • About
    • NPACT History
    • Awards > >
      • 2022 Critics' Choice Real TV Awards
      • 2021 Critics' Choice Real TV Awards
      • 2020 Critics' Choice Real TV Awards
      • 2019 Critics Choice Real TV Awards
      • 2018 Impact Awards
    • Members
    • Leadership & Team
    • Executive Committee
    • Board
    • Associate Advisory Board
  • News
    • NPACT News
    • Archives: Newsletters & Updates
  • Media
    • Members Only: Insider Sessions
    • 5 in 15
    • Online Department Meetings
    • Podcasts
    • Webinars
    • Member Meetings
  • Resources
    • Member Savings
    • Healthcare Offerings
    • Member Questions
    • Member Email Archive
    • Opportunity Initiative Resource
    • Tax Incentives
    • Member Directory
    • Network Contacts
    • Dev Resource Contact List
    • Agency Contacts
    • Attorney Contacts
    • Wage/Labor Information
    • Survey Results
    • Resume Portal >> >
      • Job Fair Resumes
      • College Job Event Resumes
    • Misc. Industry Information
  • Contact
  • Join!
  • COVID-19 Resources
    • Response Resource Hub
    • Products & Services
    • Hotline
  • Upcoming Events