SBA Cares Act Paycheck Protection Program

To be eligible to apply for a PPP Loan with Westamerica Bank, you must have a Westamerica Business Checking account opened prior to January 1, 2021. Before starting your PPP Application, gather all supporting information and documents which must be uploaded during the application process. Once you start the application, you will be unable to save your progress and return to the application. Click here for a list of documents you will need.

PPP Loan applications can only be submitted online. Applications cannot be submitted at a branch or by telephone. Once your application is submitted, you will receive email communications from

Paycheck Protection Program – First Draw Application

The PPP First Draw Application is generally for eligible entities that:

  • Have not previously received a PPP Loan from any lender
  • Have 500 employees or fewer
  • Were in operation on February 15, 2020

The maximum loan amount is 2.5 times average monthly payroll, up to $10 million.  For full eligibility requirements and program details, visit 

Paycheck Protection Program – Second Draw Application

The PPP Second Draw Application is generally for eligible borrowers that:

  • Previously received a PPP loan from Westamerica Bank or another lender
  • Will or has used the full amount of the prior PPP loan for authorized uses
  • Have 300 employees or fewer
  • Can show a business revenue decline of at least 25% between comparable quarters in 2019 and 2020

You may apply for a Second Draw PPP Loan even if you have not yet submitted or received a decision on forgiveness for your first loan.  The maximum loan amount for most borrowers is 2.5 times average monthly payroll, up to $2 million.  Borrowers in the Accommodation and Food Services sector may qualify for 3.5 times average monthly payroll, up to $2 million.  For full eligibility requirements and program details, visit

The Paycheck Protection Program is administered by the SBA and is limited to an authorized funding amount as designated by the federal government.
The Federal Equal Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of age (provided the applicant has the capacity to enter into a binding contract); color, religion, national origin, sex, marital status; because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning Westamerica Bank is: Federal Reserve Consumer Help Center, PO Box 1200, Minneapolis, MN 55840.

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