SBA PPP Application Process
As of March 19, 2021, Enterprise is no longer accepting PPP loan applications.
Thank you for applying for your PPP loan with Enterprise Bank & Trust. Our team of experts is here to help you navigate this process, together. The information below will help you understand the application process, what you will need, and provide links to a wealth of resources that provide additional information.
| First Draw Loan | Second Draw Loan | Second Draw Loan - Seacoast | Second Draw Loan - Enterprise | |
| Criteria | I never received a PPP loan | My original PPP loan was NOT originated by Enterprise or Seacoast | My original PPP loan was originated by Seacoast | My original PPP loan was originated by Enterprise |
|---|---|---|---|---|
| Overview | You will be considered a new PPP client for Enterprise. You will be required to submit supporting and corporate organizational documents for your PPP loan. An Enterprise checking or savings account will be required to close and fund the loan. |
You will be considered a new PPP client for Enterprise. You will be required to submit supporting documents for your original PPP loan. An Enterprise checking or savings account will be required to close and fund the loan. |
You will be required to submit corporate organizational documents with your loan application. | Upon submission of your PPP loan request, you will receive a link to your Second Draw application. The application will be pre-filled with profile information. An Enterprise checking or savings account will be required to close and fund the loan. |
| Instructions | PLEASE read this entire instruction document before you begin your First Draw loan application! | PLEASE read this entire instruction document before you begin your Second Draw loan application! | PLEASE read this entire instruction document before you begin your Second Draw loan application! | PLEASE read this entire instruction document before you begin your Second Draw loan application! |
| 25% Revenue Reduction Information | This is not required for First Draw loans. | If your loan amount was greater than $150,000, you must submit documentation adequate to establish that you experienced a revenue reduction of 25% or greater in 2020 relative to 2019. If your loan amount was $150,000 or less, you are not required to submit revenue reduction documentation with the loan application. However, the revenue reduction documentation must be submitted on or before the date you apply for loan forgiveness. |
If your loan amount was greater than $150,000, you must submit documentation adequate to establish that you experienced a revenue reduction of 25% or greater in 2020 relative to 2019. If your loan amount was $150,000 or less, you are not required to submit revenue reduction documentation with the loan application. However, the revenue reduction documentation must be submitted on or before the date you apply for loan forgiveness. |
If your loan amount was greater than $150,000, you must submit documentation adequate to establish that you experienced a revenue reduction of 25% or greater in 2020 relative to 2019. If your loan amount was $150,000 or less, you are not required to submit revenue reduction documentation with the loan application. However, the revenue reduction documentation must be submitted on or before the date you apply for loan forgiveness. |
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| Apply Online | No longer available | No longer available | No longer available | No longer available |
| If you’d like to fill out a paper application, you can download it here. | No longer available | No longer available | No longer available | No longer available |
| FAQs | First Draw FAQs | Second Draw FAQs | Second Draw FAQs | Second Draw FAQs |
| Treasury IFR | IFR Amended PPP Program | IFR Second Draw | IFR Second Draw | IFR Second Draw |