Our PPP portal is closed

M&T’s Paycheck Protection Program portal is closed and we are no longer accepting applications. As of May 4, 2021, funding for the program has been exhausted.

Last updated: May 20, 2021

A commitment to working for businesses.

On May 4, 2021, the U.S. Small Business Administration announced that the Paycheck Protection Program funding has been exhausted. We are so proud to have been part of this program that provided much needed aid to so many small businesses.

If you were unable to secure a PPP loan, know there are other options available to you. We have outlined SBA programs below and we invite you to call your banker for other opportunities through M&T.

Understanding your options is important

Learn more about other SBA programs designed to support your business

COVID19- Economic Injury Disaster Loan (EIDL)

On September 9, 2021 enhancements were made to the EIDL, including increasing the COVID EIDL cap from $500,000 to $2 million; implementation of a deferred payment period; establishment of a 30-day exclusivity window; expansion of eligible use of funds; and simplification of affiliation requirements.

Small businesses, qualified agricultural cooperatives, small aquaculture businesses and most private non-profit organizations that experienced an impact to meeting financial obligations and operating expenses due to a disaster can apply.

Review eligibility details through the SBA website.

Targeted Economic Injury Disaster Loan (EIDL) Advance

Advance funds of up to $10,000 will be available to applicants in low-income communities who previously received an EIDL Advance for less than $10,000, or those who applied but received no funds due to lack of available program funding.

Applicants do not need to take any action.

The SBA is reaching out to those who qualify.

Shuttered Venue Operators Grant (SVOG)

SVOG was established to aid hard-hit small businesses, nonprofits, and venues who have shuttered their doors due to the pandemic. 

Eligible applicants may qualify for SVOG equal to 45% of their gross earned revenue, with the maximum amount available for a single grant award of $10 million.

Review eligibility and grant details through the SBA website. 

M&T is here for you

Branch Availability

Learn more about branch availability and the measures we're taking to ensure the safety of you, our colleagues and communities.

  • Please continue to reach out to your relationship manager using the same number and email that you are accustomed to using.

We thank you for your patience as you may experience longer than usual wait times. We encourage you to use online banking or call during non-peak hours for any non-urgent needs.

Business Banking: 1-800-724-6070
Commercial Banking: 1-800-724-2240
Commercial Insurance: 1-800-716-8314

Resources & Insights

mt logo

Explore insights for personal, small business and commercial banking customers.

wilmington trust logo

Explore Wilmington Trust's perspective on the pandemic's impact on investments and the economy

The content of this page is for informational purposes only. It is not designed or intended to provide financial, tax, legal, investment, accounting, or other professional advice since such advice always requires consideration of individual circumstances. Please consult with the professionals of your choice to discuss your situation.
Insurance Products offered are: Not FDIC insured; not a deposit in, obligation of, nor insured by any federal government agency; not guaranteed or underwritten by the bank; not a condition to the provisions or terms of any banking service or activity.
Insurance products are offered by M&T Insurance Agency, Inc., not by M&T Bank. Insurance policies are obligations of the insurers that issue the policies. Insurance products may not be available in all states.
Wilmington Trust is a registered service mark used in connection with various fiduciary and non-fiduciary services offered by certain subsidiaries of M&T Bank Corporation.