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Frequently Asked Questions

How can smartbiz help you apply for a PPP loan?

Let SmartBiz help you apply for a PPP loan. SmartBiz works with small business owners like you every day to help you apply for the funding you need. Since 2013, we’ve specialized in SBA (Small Business Administration) loans.

What is a second draw PPP loan?

PPP now allows certain eligible borrowers that previously received a PPP loan to apply for a Second Draw PPP loan with the same general loan terms as their First Draw PPP loan. Second Draw PPP loans can be used to help fund payroll costs, including benefits.

How do I apply for forgiveness with smartbiz?

Borrowers that need assistance or have questions should call the SBA at (877) 552-2692, Monday – Friday, 8 a.m. - 8 p.m. EST. If your PPP amount is over $150, 000 and you received your PPP loan through a bank in the SmartBiz network, your bank will be contacting you directly about applying for Forgiveness.

Why choose smartbiz for your business financing?

Whether it's an SBA, bank term loan, or other financing option, we help you get the right funding for your business. Our bank-level, 256-bit encryption protects your privacy and keeps your data secure. Customers trust SmartBiz!

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