We are now accepting PPP Loan Applications from current business clients.
Please note that this page is for current Mechanics Bank business clients who have NOT had a previous PPP Loan. If you already have (or had) a PPP Loan (from us, or a different lender), please visit our PPP 2nd 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.
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.