Paycheck Protection Program
Regardless of whether it is your first or second draw from the Small Business Administration's (SBA) Paycheck Protection Program (PPP), Monona Bank is ready to go and now accepting applications.
Our bank has streamlined our PPP application process to ensure your quick and secure PPP loan submission for your business. Together, our expert local service is here to help you navigate the application process, combined with our secure SBA software will ensure that your business can submit your application to the SBA efficiently and hassle free. More than 750 clients trusted us with their applications during the first round of PPP loans and we received an outpour of positive comments about the service they received from our expert Banking Advisors. We are sure you will agree.
Important Note: Monona Bank is currently accepting applications in preparation for when we can begin submitting your applications to the SBA. We expect to begin submitting completed applications early next week.
Current Monona Bank clients who received funds during the first round of PPP loans can now use our new application process to make their PPP loan request even easier. All clients who previously received a PPP Loan from Monona Bank will be sent an email from BusinessLoans@MononaBank.com containing a “personalized” link to register your account and access the new PPP Loan application. This link will take you to an application that is already partially pre-filled with some of your business information.
To ensure we can submit your loan application as quickly as possible, please only use the personalized link your Monona Bank representative sent you via email. If you have not received an email with your personalized link, please contact your Monona Bank representative to have them resend your personalized link.
Our experienced team of Banking Advisors is standing by and ready to assist you with your next PPP loan from Monona Bank.
One thing many of our clients learned during the pandemic was the importance of working with a local bank who understands our local economy and truly has your back. Monona Bank was recently named the “Best Bank” according to the Star Awards by Madison.com readers. To provide you the best experience, we combined our expert personal service with our easy to use and secure, SBA software to efficiently process your application. Please note that in order to submit a PPP application to the SBA through Monona Bank, we do require your business to open one of our convenient business accounts that we will use to deposit your loan proceeds into when your loan is approved. We encourage you to let one of our experienced associates handle submitting your PPP loan so you can devote your time to managing your business.
We invite you to join the movement! Our banking team looks forward to assisting you in applying for this new round of PPP loans. To get started apply here.
We look forward to working with you to get your loan approved and processed quickly and efficiently.
We aim to keep things as simple as possible. Owning and managing a business is stressful, but your banking shouldn't be. Follow the simple steps below to create an account and start your PPP loan application today!
If you have any questions while filling out your PPP loan application, please contact your Monona Bank representative or call us at (608) 223-3000.