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Submission: On October 29 via manual from HK — Scanned from DE
Effective URL: https://www.axosbank.com/paycheck-protection-program
Submission: On October 29 via manual from HK — Scanned from DE
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Skip to main content * Personal * Business * Partners * Personal * Personal Home * Bank * Borrow * Invest * Plan * Business * Business Home * Small Business Banking * Commercial Banking * Commercial Lending * Partners * Partners Home * New! 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Get the App Checking * Basic Business Checking * Business Interest Checking Savings * Business Money Market * Business Premium Savings * Business Savings * Non-Profit Money Market * Business CDs Services * Merchant Services * Payroll Services * SBA Loans * Treasury Management * Insured Cash Sweep * Digital Banking Other Resources * FAQ * Help & Support * Rates * ATM Locator * Calculators Open a Business Banking Account Designed to move your business forward. Speak to a Relationship Manager at 844-678-2726 Open An Account Check Application Status As of December 2020, Axos Bank is not accepting applications for the Small Business Administration’s Paycheck Protection Program (PPP), whether for existing or new clients. PAYCHECK PROTECTION PROGRAM (PPP) RESOURCE PAGE IF YOU SUBMITTED A PPP APPLICATION THAT HAS NOT YET BEEN APPROVED Please continue to check your email for communications from Axos Bank regarding your PPP loan application. IF YOU SUBMITTED A PPP APPLICATION THAT HAS BEEN FUNDED Congratulations! As a reminder, Axos Bank has developed an online portal where you will be able to request reimbursement or disbursement of your funds. Access the portal to submit your disbursement request. Access PPP Online Portal Your disbursement request will be reviewed. Once it is approved, the requested funds will be moved to your unrestricted Basic Business Checking account. You can register for the portal or reset your password quickly and easily. MANAGE YOUR PPP FUNDS WITH YOUR BASIC BUSINESS CHECKING ACCOUNT Once the proceeds of your PPP loan have been disbursed to your new small business bank account, you’ll need to manage your funds in online banking. “Getting Started with Your New Small Business Account” outlines everything you’ll need to know in order get the most out of your Basic Business Checking account, including how to register for online banking (Step 1), set up Bill Pay (Step 5), and more. If you’ve already registered for online banking, you can log in to access your funds. Log in to Online Banking PPP LOAN FORGIVENESS Business owners who receive a PPP loan and who use the proceeds for payroll and other eligible expenses may be able to have some or all of their loan forgiven. To learn more about approvable expenses and eligibility criteria for PPP loan forgiveness, refer to "What amounts shall be eligible for forgiveness?" (Section III.1.f.) of the Interim Final Rule provided by the Small Business Administration (SBA). Please keep in mind not all expenses are eligible for loan forgiveness. ADDITIONAL INFORMATION Important information about the PPP is available on the SBA website. The SBA and the Department of the Treasury have published PPP FAQs that are updated frequently, and we recommend all current and prospective applicants refer to them periodically. If you have any questions regarding your PPP loan with Axos Bank, you can reach a specialist at (888)-585-4962. 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Member FINRA & SIPC. All Rights Reserved. © 2024 Axos Invest, Inc. All Rights Reserved. Bank products and services are offered by Axos Bank®. All deposit accounts through Axos Bank brands are FDIC insured through Axos Bank. All deposit accounts of the same ownership and/or vesting held at Axos Bank are combined and insured under the same FDIC Certificate 35546. All deposit accounts through Axos Bank brands are not separately insured by the FDIC from other deposit accounts held with the same ownership and/or vesting at Axos Bank. For more information read Axos Bank’s FDIC Notice. Advisory services are offered by Axos Invest, Inc., an investment adviser registered with the Securities and Exchange Commission (“SEC”). For information about our advisory services, please view our Form CRS or our ADV Part 2A Brochure, free of charge. Brokerage services and securities products are offered by Axos Invest LLC, Member FINRA & SIPC. YOU MAY FIND MORE INFORMATION ABOUT OUR FIRM ON FINRA’S BROKERCHECK. View the background of this firm, or REVIEW our Form CRS. All cash and securities held in Axos Invest client accounts are protected by SIPC up to $500,000, with a limit of $250,000 for cash. Read more information about SIPC on the SIPC web page. Securities and other non-deposit investment products and services are not deposits, obligations of or guaranteed by Axos Bank, are not insured by the FDIC or any governmental agency, and are subject to investment risk including possible loss of the principal invested. Past performance of a security does not guarantee future results or success. Axos Invest LLC, Axos Invest, Inc., and Axos Bank are separate but affiliated companies. Axos Bank NMLS# 524995 You're continuing to another website Axos Bank does not endorse the information, content, presentation or accuracy of any other website and claims no responsibility for it. You will now be directed to: Cancel Continue Axos Bank may collect personal information from consumers in the course of doing business. California residents have a right to know what categories of personal information Axos Bank collects and the right to tell Axos Bank to not sell their personal information. For full details, please see our California Privacy Rights Act Notice. Accept X