Press Releases

Chamber Member Lenders Offering Payroll Protection Program

Tuesday, 14 April, 2020

On Friday, April 3, the U.S. Department of Treasury launched the Paycheck Protection Program (PPP). These loans will be offered on a first-come, first-served basis. If you have an existing relationship with a lender, it is advised that you reach out to them to begin the process. 

This list is updated frequently. If you are a lender offering the PPP and would like to be listed here, please let us know. 

To learn more about the Payroll Protection Program, start here.


B

BancorpSouth

 

Bank of Bartlett

 

Bank Tennessee


C

Cadence Bank

Clients applying for Paycheck Protection Program loans through Cadence Bank must have been a business client of the bank. Please contact your Cadence Bank Relationship Manager should you have questions or require assistance.

 

Commercial Bank & Trust

Commercial Bank is accepting complete application packages and has begun our internal validation procedures so that we will be prepared to submit your application to the SBA as soon as they grant the bank access to their portal.
 
We will continue to provide updates on our website.  If you have questions or need additional information regarding the process to submit, we encourage you to contact your CBTC banker directly.


E

Evolve Bank

Chamber members can contact Becky Bowers or call 901.334.0978 to help get loan applications started with Evolve.


F

Fifth Third Bank
You must have a Fifth Third Online Banking Profile or be a user of Fifth Third Direct. If you are a customer and do not have an online banking profile or need to update your online credentials, please visit 53.com.

 

First Horizon

Following our successful pilot over the weekend, improved functioning of the SBA systems, and more clarity around the rules governing the program, our bankers have expanded the pilot and are now working hand-in-hand to help more current First Horizon small business customers submit their loan applications. We are finalizing an automated application process to help further expedite loan applications.


G

Guaranty Bank & Trust

Please contact your local Guaranty Bank & Trust Banker.  See our website at www.gnty.com for a list of locations and GBT Bankers.


I

Iberia Bank

You do not need to be an existing IBERIABANK client in order to complete an application. However, new clients will not be able to complete an application online. If you are not an existing customer, visit the website to find a location near you to make an appointment with a banker to get the process started.

 

Independent Bank

Independent Bank is currently accepting and processing applications for the Payroll Protection Program from individuals and businesses with an existing Independent Bank relationship.

 

INSouth Bank

Until the Small Business Administration (SBA) interprets the regulations and issues its rules and guidance clearly, we will experience some delay in processing applications effectively. We continue to work diligently to get the funds designated in this CARES Act into the hands of our small business owners as quickly as possible. INSOUTH Bank has been dedicated to our customers to find solutions before PPP became available and will continue to do so after the program is complete. For more specific information regarding PPP, please contact your local INSOUTH Bank branch office and your Certified Public Accountant.


P

Pinnacle Financial Partners

Find your financial advisor or nearest office at PNFP.com/Locations


R

Regions Bank

 

Renasant Bank


S

Simmons Bank


T

Tri-State Bank of Memphis

 

Triumph Bank

 

Truist (Formerly Suntrust)

 

Trustmark

Contact your Trustmark Relationship Manager, or email us at PPPQUESTIONS@trustmark.com.


 

For more business resources, visit our COVID-19 Business Resources Page.

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