Loan script - when they call

[ILLMAS]

A CPA friend of mine wrote this and I will be using it as a script to push my clients to see their banker for help:

“Clients are asking us who they should contact in regards to a PPP Loan. Currently, all banks who are SBA 7(a) lenders are eligible lenders for PPP. The Department of Treasury will be in charge of authorizing new lenders, which could include non-bank lenders, to help fill any gaps. We would advise you to begin discussions with your existing bank to determine if they will be authorized to issue PPP loans. If your bank is not eligible, we would be more than happy to connect you with banks that would be a good fit.”  Paul B. CPA