With the passage of H.R. 748 (CARES Act) by the Federal Government last week, many are scrambling to take advantage of the billions of dollars dedicated to the Paycheck Protection Program (PPP). The Association has been in contact with our Associate Membership bank representatives to try and narrow down the list of approved lenders for the PPP. Many of these providers are encouraging businesses to apply for the PPP with their current bank. Applicants are flooding banks with applications, and many have taken the policy that current members will take priority. The list provided below are currently approved to administer PPP loans, however, this list will be updated when our other associate-member banks are included into the PPP program. Please remember to support those that support the Association and the industry.
| Bank | Name | Phone # | |
| Bank of America | Victor Thao | 559-355-7294 | victor.thao@baml.com |
| Oak Valley Community Bank | Jeff Hushaw | 209-844-7965 | jhushaw@ovcb.com |
| TCF Equipment Finance | Wayne King | 209-617-3371 | wking@tcfef.com |
| Comerica Bank | Kevin Gilio | 559-244-3924 | kmgilio@comerica.com |