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sfcu received notification from SBA they are no longer accepting new applications for PPP loans from Non-Community Financial Institutions (CFI’s) due to funding being exhausted.

Unfortunately, at this time if your application was not yet submitted to SBA for review and approval you will be unable to receive a PPP loan. If this is the case for your business and you applied but it hadn’t been submitted to the SBA, we will hold your application and in the event there is additional funding provided for the program we will submit it without you having to complete another application.

sfcu is dedicated to supporting small businesses. You may message the Business Services Department via the Contact Us section of our Business Loans webpage should you have questions or need any assistance.

SBA continues to offer direct economic aid through other COVID-19 relief programs, please visit the SBAs website for additional details at www.sba.gov

For a comprehensive list of Federal Programs related to COVID-19, visit www.usa.gov

sfcu's Participation in the SBA Payment Protection Program

sfcu participated in the program to help and demonstrate continued support for our member businesses. Click here to see an infographic of how sfcu helped local businesses during the first round of funding.

You may message the Business Services Department via the 'Contact Us' section of our Business Loans webpage, should you have any questions.

Next Steps

We will continue to provide updates on relief programs from the Small Business Administration and related agencies.

To learn more and apply for a loan through the SBA, visit the SBA website.

For detailed information about SBA programs for COVID-19, visit this SBA landing page.

For a comprehensive list of federal programs related to COVID-19, visit USA.gov

This page is frequently updated to reflect the best available information for sfcu and our members. It was last updated on 5/5/2021.

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Local: 607-561-7328, 607-432-1451

Toll Free: 1-800-642-7328

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