On Monday, December 28, 2020 President Trump signed a $900 billion COVID–19 relief bill, which includes funding for a second round of Paycheck Protection Program (PPP) loans. Pacific Western Bank will be participating in this latest round of PPP loans. However, lenders are not able to process loans until the Small Business Administration provides guidance and details on the implementation of the program. Until that time, Pacific Western Bank will be monitoring progress from the SBA and will update this page regularly. We anticipate the program going live in the coming weeks.
No applications are being accepted at this time until we have further information from the SBA on how to proceed. The information below is preliminary and is subject to change as the SBA finalizes program details and parameters.
PLEASE CONTACT YOUR PWB RELATIONSHIP MANAGER DIRECTLY WITH QUESTIONS.