March 26, 2021: Commerce Bank has resumed acceptance of PPP loan origination applications. Our online portal has been updated to reflect recent SBA changes. Reminder, the PPP deadline for accepting applications has been extended until May 31st or until PPP funds are no longer available. In addition, our PPP loan forgiveness process for PPP loans originated in 2020 is now underway for all form types (3508, 3508EZ and 3508S).
Small businesses have long been the backbone of the American economy. Healthy businesses not only create jobs and opportunities, but are also an important part of our communities.
One of the greatest challenges many businesses face is accessing the capital they need to finance growth opportunities. SBA loans are an extremely valuable solution for our business customers.
As an SBA designated Preferred Lender, Commerce can offer you benefits not available through the general SBA process. What does that mean for you? With the ability for Commerce to approve SBA loan requests in-house, the turnaround time is drastically reduced, saving you weeks of waiting. And we all know that when it comes to business, time is money.
Review business size and industry NAICS code standards that qualify a business for SBA programs.Get details
Learn more about other funding programs offered directly through the SBA.Get details
In addition to PPP, learn more about Disaster Assistance options directly through the SBA.Get details