PPP Loans Information/Opportunity : Amazon : Small Business Academy

Apr 02, 2020

The Chamber Members that will be handling the Paycheck Protection Program Loans:

 

First Financial Bank

www.ffin.com

8535 Central Mall Dr, Port Arthur, TX 77642

Contact:  Blaine Caillier

409-736-5955

*Applications will be available online

 

 

Third Coast Bank

www.tcbssb.com

2901 Turtle Creek Dr Ste 115, Port Arthur, TX 77642 

Contact:  Trey Romero

409-527-8231

 

BBVA Bank-409.729.0243

8150 Memorial Bank, Port Arthur TX. 77640

Contact: Kaprina Frank

 

Texas First Bank-Mid County-409.729.0513

10607 Highway 69
Port Arthur, TX 77640

Contact:  Wendy Ghromley

This is not her base of operations

 

Community Bank of Texas-713.308.5760

Paul Reade

preade@cbotx.com

 

Prosperity Bank-409.962.8457

3434 Twin City Hwy, Groves, TX 77619

Mary Kay Imhoff

 

Wells Fargo Bank-409.365.1100

*Call for Information

 

Any bank that is an SBA lender is eligible for SBA lending.

 

Helpful Sites:

https://www.irs.gov/newsroom/irs-employee-retention-credit-available-for-many-businesses-financially-impacted-by-covid-19

 

https://www.sbc.senate.gov/public/_cache/files/9/7/97ac840c-28b7-4e49-b872-d30a995d8dae/F2CF1DD78E6D6C8C8C3BF58C6D1DDB2B.small-business-owner-s-guide-to-the-cares-act-final-.pdf

 

https://covid19relief.sba.gov/#/

 

The disaster loan was simplified as of March 30th. Website:  https://covid19relief.sba.gov/#/

 

 You need:

 

  • 2019 sales
  • 2019 cost of goods sold
  • Number of employees on payroll as of 1/31/2020
  • EIN number of the business
  • Date business started
  • Basic business information (address, business phone, business email)
  • Owners (20% or more owners) personal information
    • Birthdate
    • Social security number
    • City of birth
    • Personal contact information (address, cell phone)
  • Business Bank and the routing number and the account number (so they can direct deposit your money)

 

They are advancing $10,000 to many businesses and it will be forgiven.  The money is received in a few days after application.

 

 

 

 
   
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