
We Gathered a List of Small Business Banks with Overdraft Protection
Overdraft protection is typically used as a cushion for checking accounts, but it can also be applied to savings accounts.
Note: Due to funding no longer being available through the US Small Business Administration (SBA) for the Paycheck Protection Program (PPP), Revenued is no longer accepting applications.
If you’ve already received your first Paycheck Protection Program (PPP) Loan, you many now be eligible for a second-draw loan if:
For second-draw PPP loans more than $150,000, you must provide proof of 25% loss.
When you must substantiate that you had a 25% loss in gross receipts/gross income (Gross Profit – COGS) between 2020 and 2019, you can do so by choosing one of the following comparison choices:
You can compare either quarterly numbers or annual, using one of the following statements/documents:
Revenued has processed over $3 Billion of PPP applications funded by the SBA. We’re currently accepting applications for the Paycheck Protection Program and have already processed over 30,000 applications this round. We understand the urgency of PPP funding for your small business and we are working hard to facilitate this relief.
If you’d like more information on a second-draw PPP loan, please contact us today and a member of our 5-star PPP application processing team will be more than happy to assist you.
Note: Due to funding no longer being available through the US Small Business Administration (SBA) for the Paycheck Protection Program (PPP), Revenued is no longer accepting applications.
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Overdraft protection is typically used as a cushion for checking accounts, but it can also be applied to savings accounts.
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