by Gateway Bank Gateway Bank No Comments

How the Paycheck Protection Program Flexibility Act affects your small business

In early June 2020, the Small Business Administration’s Paycheck Protection Program (PPP) Flexibility Act was signed into law. The PPP program was created to provide much-needed relief to small businesses who want to keep their workers on payroll as the companies work through the economic difficulties caused by COVID-19.

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by Gateway Bank Gateway Bank No Comments

Business loan documentation checklist

This checklist includes all of the documentation you will need to provide with your loan application so we can verify your financial information. We understand this is a lot to gather. Please take your time, and only submit your package once you have all documents. The faster you provide all documentation, the faster we can move forward.

Once we receive your complete package, we will provide an indication of the interest rate you can expect to receive. Your package will be submitted to the Loan Committee for review within 1-10 days.

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