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Tom Sullivan, U.S. Chamber of Commerce, On The Paycheck Protection Program (PPP)

Tom Sullivan, the vice president of small business for the U.S. Chamber of Commerce, joins Wes on this Money Matters Special Interview. Sullivan helped to actually write the small business relief included in the Coronavirus Aid, Relief, and Economic Security (CARES) Act. In this interview, Wes and Tom dig into the decision making process with how the Paycheck Protection Program was structured, and how small businesses can utilize this legislation during these trying times.

Tom Sullivan from the US Chamber of Congress has advocated for the vast small business community in America for decades – listen to this interview to see how the Coronavirus Relief Act can be a lifeline to millions of small business owners.

Here are some resources for small business owners to learn more about PPP and to apply for a loan.

The Payment Protection Program (PPP) is being administered by banks that are Small Business Administration (SBA) lenders. Your first step is to reach out to your current banker as soon as possible. Some banks are awaiting further application guidelines from the SBA, but tell your banker you want an application as soon as it becomes available. Banks will start taking applications by April 3, 2020. So after you contact your current banker, start gathering the necessary paperwork so you’re ready to complete the loan application including tax returns, internal financial statements and payroll documentation. 

Paycheck Protection Program (PPP) Helpful Links 


  • U.S. Department of the Treasury Paycheck Protection Program Overview for BORROWERS 
  • U.S. Small Business Administration Paycheck Protection Program (PPP) OVERVIEW 
  • U.S. Small Business Administration Paycheck Protection Program (PPP) SAMPLE APPLICATION Form. 

 GEORGIA DISTRICT OFFICE (U.S. Small Business Administration): 

  • Local SBA RESOURCE PARTNERS pages 11-12 
  • Local SBA LENDERS pages 29-31 

TOP 10 NATIONAL SBA LENDERS (by Approval Amount through December 31, 2019 click HERE) 

1. Live Oak Banking Company click HERE 

2. Newtek Small Business Finance click HERE 

  • Paycheck Protection Program (PPP) apply HERE 

3. Wells Fargo Bank click HERE 

  • Small Business Paycheck Protection Program click HERE 

4. Byline Bank click HERE 

  • SBA Paycheck Protection Program click HERE 

5. Huntington National Bank click HERE 

  • COVID-19 response click HERE 

6. Celtic Bank Corporation click HERE 

7.  JPMorgan Chase click HERE 

  • Small Business Paycheck Projection Program click HERE 

8. U.S. Bank click HERE 

  • COVID-19 information click HERE 

9. KeyBank click HERE 

  • COVID-19 information click HERE 

10. Readycap Lending click HERE 

  • Paycheck Protection Program (PPP) apply HERE 
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