The Small Business Administration (SBA) has announced it is no longer accepting Paycheck Protection Program (PPP) loan applications from most lenders. This is earlier than the SBA's previous deadline of May 31.
In line with this announcement, please note:
- Bank of America is no longer accepting or processing new PPP loan applications from clients.
- Clients with applications that have been submitted to Bank of America or the SBA, and are currently pending, will be notified of their application status through email. Please note information on the status of PPP loans is not available through our financial centers or contact centers.
For the latest information on PPP please visit the SBA website.