Local ANZ Bank is a qualified lender for loans under the CARES Act
Pago Pago, AMERICAN SAMOA — Congresswoman Aumua Amata and her Washington, D.C. office are assuring American Samoa businesses and individuals that ANZ Amerika Samoa Bank is a qualified lender for loans under the CARES Act.
When asked, Amata told Samoa News, “Yes ANZ is a qualified bank to process CARES Act loans.”
As further information her office sent the following:
Which kinds of lenders can process, close, disburse, and/or service PPP loans under the CARES Act?
Eligible lenders include:
— SBA Qualified Lenders under section 7(a)
— Insured depository institutions
— Insured credit unions
— Farm Credit System institutions
— Additional lenders can make loans once approved and enrolled in the program
New lenders will need to submit their applications to DelegatedAuthority@sba.gov to apply with the SBA.