Round 2 PPP Information

Round 2 PPP Information
Paycheck Protection Program (PPP)
IMPORTANT UPDATE as of January 14, 2021


American National Bank will process PPP loans for its existing customers beginning Friday, January 15th.  Please read the information below and submit your documents ASAP if you intend to apply for a PPP loan.

We are requiring that customers maintain a depository relationship with us, beyond just the PPP loan and PPP checking account. Additionally, to qualify for a Second Draw PPP loan, you need to demonstrate that your gross revenues in any quarter in 2020 were at least 25% less than revenues in the same quarter in 2019. If you meet both of these conditions and plan to apply for either a First Draw or Second Draw loan with us, please email ppp_feller@americannationalbank.com so we can begin assembling your file in order to submit it as soon as possible.
 

Please click the links below for details on what documents and information you will need to submit: 

Click here if you bank with us and did not receive a prior PPP loan.
Click here if you bank with us and received a prior PPP loan through us.
Click here if you do not bank with us and have not received a prior PPP loan.
Click here if you do not bank with us and received a prior PPP loan through another bank.
Click here for details on how to submit your forgiveness application for a First Draw loan.


We encourage you to check the Treasury’s website for updated information and guidance (click here), read the relevant CARES Act sections (click here), and consult with your CPA and/or attorney for professional advice. Borrowers are solely responsible for assessing their eligibility for PPP financing and their use of PPP funds and should not rely on American National Bank and its own interpretation of the Act.

Click here to access the First Draw application.
Click here to access the Second Draw application.
Click here to read the Interim Final Rule on Second Draw Loans.
Click here to read the Interim Final Rule on PPP as Amended by the Economic Aid Act.

We are proud to be the #1 PPP lender in south Florida based on asset size, supporting our community last year with more than 500 loans totaling over $72 million – click here to read the feature article in the South Florida Business Journal!