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Our speed, service and communication are unmatched because we remove any barriers between you and us. The maximum possible loan amount is $10 million. Hang on. You’re a person, a business owner with a story and we take the time to understand your story and provide you with the best loan option for your situation. Mar 22, 2021. Contact Us - Business Lenders. The Pandemic Has Changed Our Banking Habits -- Now Banks Must Change Theirs. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. This free resource helps business owners apply for PPP loan forgiveness. Apply for a first or second draw PPP loan today through our portal. The 504 loan can include: acquisition of the commercial real estate, renovation of the commercial real estate, new construction, and/or heavy equipment. Commercial & Small Business Loans. ACAP can help. Apply for a Loan. Use it to fill out a PPP forgiveness application online to send to your lender. Home Equity Loans. Funding is limited. Are you not eligible through your current bank to apply for a PPP loan? The fees and repayment terms of your outstanding loans taken before October 16, 2020, won’t change. Fountainhead SBA 504 “The Wealth Creator” Our SBA 504 loan program is designed to help your business create wealth by purchasing your commercial real estate. ***** said it takes up to 20 days for it to be provided it's been pass 20 days. As a national, non-bank, direct commercial lender we specialize in helping small to midsize businesses finance their growth and create wealth through our SBA 504, SBA 7(a) and low LTV conventional loan programs. Yes, you can qualify for a PPP loan even if you already have other loans, including other SBA loans. When I go through the email, it says "The First Draw PPP loan number you provided was incorrect and did not match any loans approved by the SBA prior to 3/1/2021. We were founded by the most well-known, awarded, and experienced team in the SBA industry, so our speed, specialization, creativity and expertise are second to none. In 5 minutes, PPP Fast Lane will help you prepare your applications and connect you with an SBA-approved lender. Digital customer dashboard allowing SMBs to apply for PPP loans, as well as all other Fountainhead-offered loan products. PPP is a loan. Kabbage. The maximum possible loan amount is $10 million. Fountainhead SBA. You’re a business owner with a story and we always take the time to understand your story and provide you with the best loan solution for your precise situation. Loan agreements will identify the issuing lender to small businesses at signing. You’re a person, a business owner with a story and we take the time to understand your story and provide you with the best loan option for your situation. The 504 loan can include: acquisition of the commercial real estate, renovation of the commercial real estate, new construction, and/or heavy equipment. Mar 18th finally applied with smart biz. Looks like there were some issues with your network, please try again after sometime. Loan agreements will identify the issuing lender to small businesses at signing. PPP Loans Originated. As a non-bank direct lender we specialize in helping small to midsize businesses finance their growth and create wealth through our SBA 504, SBA 7(a) and low LTV conventional loan programs. (Reuters) - The institute promoting the “laissez-faire capitalism” of writer Ayn Rand, who in the novels “Atlas Shrugged” and “The Fountainhead” introduced her philosophy of “objectivism” to millions of readers, was approved for a Paycheck Protection Program (PPP) loan of up to $1 million, according to data released Monday by the Trump administration. Centerstone SBA Lending: This nonbank, SBA-approved lender is accepting applications from small businesses seeking PPP loans for both first and second draw loans. California loans made pursuant to the California Financing Law, Division 9 (commencing with Section 22000) of the Finance Code. Our speed, service and communication are unmatched because we remove any barriers between you and us. With Fountainhead you get: personalized service, responsiveness, and the attention to detail that you deserve. PPP is income. And finally on April fools day bitch my PPP loan finally fucking hit my account. Our team has been involved in financing over $24 billion in total projects including SBA 7(a), SBA 504 and Low-LTV Conventional loans, across all 50 states. Qualified applications will be submitted to the SBA as soon as possible. number or credit score to us. Mar 29, 2021. We aren’t a faceless, slumbering bank treating you like just another number with the responsiveness of a sloth. Use it to fill out a PPP forgiveness application online to send to your lender. After weeks of contacting them also. number or credit score to us. Our PPP portal is now LIVE: ppp.fountainheadcc.com Both existing AND new borrowers are welcome to apply, and that's for both the first and second draw PPP loans. The list goes on and on. Each business that we fund has a unique story and personality and we love playing a part in our customer’s entrepreneurial success. For example, if you use a disaster loan (EIDL or loan advance) to pay your business’s rent in February, you cannot also apply for a PPP loan to cover February rent. Personal Construction Loans. After that week I have not been able to get into my account to check the status. Mar 20th I was told I was been approved by the smartbiz team and it is being reviewed by the SBA. Customers who took a PPP loan through Kabbage can now apply for a Second Draw PPP loan from K Servicing. Mar 18th finally applied with smart biz. Fountainhead SBA 504 – “The Wealth Creator”, Fountainhead SBA 7(a) – “The Growth Generator”. Use it to fill out a PPP forgiveness application online to send to your lender. Fountainhead has a contact page that includes social media accounts as well, and they do provide a dedicated email for status updates posted in their FAQ’s. PPP loans are made by one or more approved U.S. Small Business Administration ("SBA") lenders. Qualified applications will be submitted to the SBA as soon as possible. We also conducted a manual search looking for your name and address in the SBA loan database but could not find a matching loan" An SBA Loan Number for second-draw loans (Please refer to your first PPP loan note. With Fountainhead you get: responsiveness, personalized service; and the attention to detail that you deserve. The SBA connects entrepreneurs with lenders and funding to help them plan, start and grow their business. You’re a business owner with a story and we always take the time to understand your story and provide you with the best loan solution for your precise situation. Our SBA 504 loan program is designed to help your business create wealth by purchasing your commercial real estate. 1/7/21 Trust and Asset Management Market Outlook Call 12/30/20 Latest Scams to Look Out For 12/18/20 Cheddar TV 12/18/20 COVID-19 Vaccine Initiatives 12/14/20 Bloomberg TV The Open 12/4/20 A Year End Message to our Customers 8/10/20 NJBIZ Conversations: Christopher Maher 8/10/20 ROI-NJ - PPP Program in the Garden State 7/22/20 Trust and Asset Management Market Outlook Call 7/8/20 … Your dedicated lender or lending platform will have the most up to date information available. Each business that we fund has a unique story and personality, and we love playing a part in our customer’s entrepreneurial success. See full details. You’re a person, a business owner with a story and we take the time to understand your story and provide you with the best loan option for your situation. Why PPP Loan Applications Are Getting Stuck And How To Keep Yours Moving. SBA 7(a) funds can be used for a variety of things — you can refinance existing debt, purchase inventory, buy out a partner, make upgrades. With Fountainhead you get: personalized service, responsiveness, and the attention to detail that you deserve. Forgot your password? Open Menu. Cookies are used to offer you a better browsing experience and to analyze our traffic. Fountainhead is a nationwide, non-bank commercial lender specializing in SBA 504 and SBA 7(a) loans. With Fountainhead you get: responsiveness, personalized service; and the attention to detail that you deserve. I signed my promnote on 4/18 & im still in lender funding, im wondering if its 10 calender or business days until its updated to borrower funded i been hearing both? We're partnering with the best-in-class Paycheck Protection Program (PPP) loan originators and servicers. The simplest way to apply for PPP Funding. Funding to Take Your Business to the Next Level. Fountainhead’s work on the PPP loan program, launched by SBA in March of 2020, has funded more than $767 million across 8,237 loans and has saved an estimated 120,000 American jobs. Here is my timeline for PPP draw 1: Apr-Mar so many PPP loans so much BS. The following is a list of banks who do not require a prior banking relationship to apply for the PPP loan. Fountainhead Signs Deal to License Biz2X SBA Platform for PPP Loans, Other SBA Programs. You’re a business owner with a story and we always take the time to understand your story and provide you with the best loan solution for your precise situation. The list goes on and on. Blue acorn helps self-employed and 1099s qualify for a Forgivable PPP loan from the SBA. The SBA and Treasury released a simplified loan forgiveness application for PPP loans of $50,000 or less. By the 26th the SBA approved my loan and customersbank sent me my documents to sign. We make common sense decisions in an industry often devoid of them for fear of regulatory ramifications. All such loans made through Lendio Partners, LLC, a wholly-owned subsidiary of Lendio, Inc. and a licensed finance lender/broker, California Financing Law … ALERT: There are 2 PPP loans for a total of $2.12M in our database for businesses with the name "Fountainhead Inc" in Dublin, CA. Info. PPP Loan Changes Came Too Late for Smallest Businesses . 12345678-90). Our team has been involved in financing over $24 billion in total projects including SBA 7(a), SBA 504 and Low-LTV Conventional loans, across all 50 states. Stearns Bank. However, you cannot use the funds from PPP loans and other loans for duplicate use at the same time. For example, if you use a disaster loan (EIDL) to pay your business’s rent in January, you cannot also apply for a PPP loan to cover January rent. × Close Menu. 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