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Eastern Union Gives Clients Free Help on PPP Loans
In advance of the Paycheck Protection Program (PPP) being replenished, the Eastern Union team has been working around the clock to help clients receive loan approvals. As Brooklyn-based Eastern Union did during the first wave of small-business relief through PPP, the company is providing this service at no charge to its clients.
“The main priority for those who did not apply for funding yet—or if applicants have been denied, are in a holding paradigm, or are waiting for confirmation—is to apply again and get their loan application into the system as soon as possible,” said Eastern Union founder Ira Zlotowitz.
The company created a partnership with Cross River Bank of Teaneck, NJ and Kabbage to push as many applications through as possible. The shared goal is to ensure there will be no delay in processing loan applications once the funding floodgates for the second phase are reopened.
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- ◦Financing