Small Business Relief
Assistance to Our Clients
Banc of California SBA Paycheck Protection Program
Banc of California SBA loans
We deeply value the relationships we have with our clients. Your Banc of California team is here to support you, help evaluate eligibility for financial assistance through the announced government programs and assist in applying for forgiveness under such program(s).
SBA Paycheck Protection Program
The federal government has announced changes to the Paycheck Protection Program (PPP), including updated loan forgiveness terms. For the most up-to-date information, please visit the U.S. Treasury Department PPP page.
Please login to apply for forgiveness of your PPP loan funded by the Banc of California.
Here are some additional resources for more information:
- U. S. Small Business Administration: COVID-19 Small Business Loan Guidance and Resources
- Treasury, IRS and Labor Official Announcements
As an SBA Preferred Lender, Banc of California is ready to assist you now to evaluate other SBA programs. We recommend you call your Relationship Manager or contact us at 877-958-7790 if you are interested in discussing this further.
For business financing up to $150,000 to sustain or grow your business, our Banc Premier term loans and lines of credit provide quick decisioning and fast funding for your inventory, working capital, or cash flow needs1.
OUR CLIENT STORY
With school closures due to the outbreak of COVID-19, the educational agency LEARN needed to lay-off hundreds of staff who serve students in three districts in and around the city of Whittier. To save the school and its employees, LEARN immediately applied for a Paycheck Protection Program Loan. With the assistance of the Banc of California team, LEARN was able to submit the necessary paperwork and was approved for a loan of $758,505. The relief funding has helped to keep staff on to prepare and train them for interacting with students using a new virtual platform.
“Thank you so much, especially on behalf of our employees. PPP will help us rehire the almost 300 staff we laid off
– Brenda Carrillo, LEARN, Chief Financial Officer
We have been proudly serving clients in Southern California, with roots dating back nearly 80 years. Our strength and stability, along with the commitment to building deep relationships with our clients, are what make Banc of California one of the premier banks in Southern California. With over $7.5 billion in assets and significant excess capital, Banc of California has the strength and resources to help you and your business succeed.
We will update this page regularly as new information becomes available. We are committed to supporting our clients as you navigate these options. For assistance, please call your Relationship Manager or fill out the form on this page and we will contact you.
The information contained herein is for general informational purposes only and is intended as an overview. The program as described herein is subject to change or cancellation without notice and other material conditions may apply. This is not an offer to lend or otherwise extend a credit or loan of any kind and in no event shall it be construed as a binding agreement or contract of any kind or nature.
1Premier products subject to eligibility. Loans and lines of credit are subject to underwriting guidelines and other terms and conditions. Not an offer of credit.