With PPP Closed, Small Businesses Have These Funding Options

As the economy bounces back and the U.S. transitions out of the pandemic, small-business owners will need access to capital to both recover and grow. However, since federal relief from the Paycheck Protection Program ended on May 31, business owners may be wondering where to get financing or looking for new options after an unsatisfactory PPP experience with a particular lender.

“You’re a number at a big bank,” says Carson Lappetito, president of Sunwest Bank, a regional bank headquartered in Irvine, California. “I think most clients experienced this when they went through PPP.”

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