What financial firm or lender can you recommend in Chattanooga who can help small businesses access funds, such as SBA loans?
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At First Horizon Bank, we are eager to help you access available resources through the recently passed Paycheck Protection Program. We know you are focused on how these funds can help you meet the payroll needs of your business, and we want to help you in any way we can.
However, please be aware that financial institutions are still awaiting essential guidance from the U.S. Small Business Administration on final program requirements. Because of this, it is unlikely that we will be able to begin accepting applications for the program on Friday, April 3, as planned.
So, what can you do as we await this important guidance?
Please review this program overview flyer, which includes a checklist for materials you may need to gather as you apply. Some of the other details are subject to change, as the final rules have not been published by late April 2. We believe the checklist can offer you a valuable head start once banking institutions like ours have been provided the necessary guidance to begin accepting applications.
We know this is an anxious moment. But, please know the bank will contact you once we are equipped to begin processing your application. The bank will also provide timely updates on our website.
Thank you for your patience and for trusting First Horizon to walk alongside you through these unprecedented days in the life of your business.
Thank you.