We are now accepting 2nd Draw PPP Loan Applications from current business clients
Please note that this page is for current Mechanics Bank business clients who ALREADY RECEIVED their initial in 2020 or 2021. If you have not yet applied for and received any PPP loans (regardless of lender), please visit our PPP 1st Draw Loan page.
Please review the information in the initial loan resource links, and ensure you understand the program details, including eligibility requirements, loan proceed usage requirements, and loan terms. Please also be sure to have all necessary information and supporting documents available. To begin the loan application process, please click on the link at the bottom of this page and complete the application starter form. We will use this information to validate your business relationship with us, and then send you an email with a link to our online PPP 2nd Draw Application Portal to begin your application. The entire application process will be completed electronically. Once you begin the application process you’ll have an opportunity to discuss questions with your loan processor (see below).
PPP Application Deadline
The deadline to apply has been extended to May 31, 2021, or until PPP funds run out. Applications received by the SBA from Mechanics Bank by May 31, 2021 will continue to be processed until June 30, 2021 (unless program funds have run out). Applications may experience a longer processing time because of additional reviews the SBA is performing on each application. We cannot guarantee that your application will be processed and approved by the SBA before funds are exhausted, or before the June 30, 2021 funding deadline.