CareLoansASAP

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About the Service

Updated with current information as of May 1, 2020

As you may know, the Paycheck Protection Program has been fully funded and there is no new money anticipated at this time

Questions to Ask Yourself

01

Is my bank going to be able to handle the volume of applications that they are likely to receive?

02

Does my bank have a streamlined online process to make underwriting and funding my PPP loan both simple and FAST?

03

Do I know how many people are waiting “in line” in front of me for loans at my bank?

04

How does that “line” compare with other banks?

Skyway is prioritizing banks and credit unions by their ability to handle processes online, close remotely and have the systems and processes to get things done As Soon As Possible (ASAP) and they will let us know how long it’s going to take to fund your loan. We know how long the lines are.

We have a process to efficiently collect your corporate and financial data that enables us to quickly submit applications in a format that we know the banks will accept.  Because our applications are in this standard format and the banks know there is no missing information, it makes it easier for them to underwrite and fund your loan.   Remember, we don’t charge you any fees for this service, if we end up receiving any compensation, it will be from the lending bank, not from you or the government.  Let us help you get your PPP Loan ASAP.  Don’t delay, get in line today.

IF YOU APPLIED FOR AN SBA DISASTER LOAN AT THIS LINK https://disasterloan.sba.gov/ela/ OR THIS LINK https://covid19relief.sba.gov/#/ THAT DOES NOT PUT YOU “IN LINE” FOR A PPP LOAN.

If you have an existing SBA loan, we will not be able to help you. Our opinion is that your best course of action would be to work with your existing SBA lender. We’re streamlining the application/underwriting/funding process specifically for banks that are preparing to handle high volumes of PPP loans. If you have an existing SBA loan, it adds an additional step to the process that ends up out of our control and does not work within our process.