Keyword Analysis & Research: smartbiz ppp status

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Frequently Asked Questions

How many businesses has smartbiz helped with PPP loan applications?

Our SmartBiz team is honored that we could assist nearly 200,000 small businesses with successfully processing their PPP loan applications with a bank in our network. We’re also excited that 60% of the businesses we helped are women-owned, minority, or veteran-owned businesses all across America.

What does smartbiz do?

What does SmartBiz do? SmartBiz is the leading online bank network for SBA loans. We’ve processed nearly $4 billion in funded SBA 7 (a), PPP and bank term loans through our bank network, helping more than 20,000 businesses and supporting 300,000 jobs.

Are smartbiz fees included in my loan amount?

SmartBiz fees are usually deducted from loan proceeds so you get the net amount when your loan is funded.

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.

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