Here's what you'll need to complete your application:
For Businesses with Employees (if applicable):
For Sole Proprietorships and Independent Contractors (if applicable):
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The following documentation is required to open a Business checking account:
As part of M&T’s PPP loan application process, you will be required to open a new Business checking account. If you are approved for a PPP loan, the funds will be disbursed into this account.
Please note that opening a Business checking account does not guarantee PPP approval.
1 If you are an independent contractor or sole proprietor and your business was operational on February 15, 2020, and you were using a personal M&T checking account to operate your business, you may be eligible. You will be required to open a business checking account prior to receiving any PPP funds.