Trust Greater Nevada With Your Paycheck Protection Program Application
We’ve invested in better technology and processes to get much needed funds to Nevada businesses faster.
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The U.S. Small Business Administration’s (SBA) Paycheck Protection Program (PPP) has received additional funding, and Greater Nevada Credit Union (GNCU), the largest domiciled financial institution in Nevada, is here to serve all Nevada businesses. During the first round of funding, GNCU was a top source of applications for the all of Nevada. A preferred partner of the SBA, GNCU completed one out of every nine PPP loans in the state. Nevada as a whole only received funding to pay less than 27% of its eligible payroll. For round two, we want to help even more businesses to receive funding as their trusted partner.
LEARN MORE ABOUT THE PPP AT SBA.GOV
To help more businesses get the support they need, we have provided the below answers to the most commonly asked questions asked by businesses during these uncertain times. You may also call GNCU's dedicated PPP hotline at (775) 886-1966 for further information.
Will Greater Nevada be accepting new applications for the second round of PPP funding?
Yes! As your trusted community partner, GNCU is accepting new applications for as long as the program is funded. Our process has been built to make it as seamless and convenient as possible.
APPLY ONLINE NOW
Can I apply for a PPP loan with GNCU if I am not a member?
Members and non-members are qualified to apply for the loan. However, commercial membership with GNCU will be required to receive the funds if they are approved. Please click through the button below to complete each form needed online. Upon receipt of these forms, a commercial specialist will be in contact with you to discuss our membership and account options.
VIEW AND COMPLETE COMMERCIAL MEMBERSHIP FORMS ONLINE
If I submit an application for the SBA PPP loan through GNCU, am I guaranteed to get it?
No. Even if you apply, it does not guarantee that a PPP loan will be approved and issued.
What can I do to improve my chances of getting a PPP loan?
Accuracy and completeness are paramount when submitting your application. Precise and detailed information allows us to process your application more efficiently.
If I already applied for the PPP loan through GNCU, do I need to resubmit one to be eligible for new funding?
We do not need previous applicants to reapply, and previously submitted loan applications will be processed in the order received. However, we will reach out to applicants if there is additional information needed to process their request.
What happens if I am approved for a PPP loan?
If your loan application is approved, electronic loan documents will be sent via DocuSign. Please see the video below for steps to follow.
We know so many Nevada small businesses are overwhelmed during these unprecedented times, and that many are looking for a partner. As a member-owned, local financial institution, GNCU is here to help. We are all in this together, and together is how we will build a Greater community.