CBAC's Statement on COVID-19 - UPDATED 11-19-20

CBAC values the health and safety of our staff, loan clients, small businesses seeking our assistance, and our partners and stakeholders. We are currently working with the New Jersey Economic Development Authority (NJEDA), other agencies, and partners to assist small businesses during the pandemic. We are experiencing an unusually high volume of inquiries so thank you for your patience. Please CLICK HERE to read our response to the pandemic, and how we will continue to be available and responsive to your small business needs in our target area.

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CBAC is not an SBA Paycheck Protection Program (PPP) lender.

The SBA PPP expired on 8-8-2020. CBAC is an SBA Lender but we never offered PPP Loans.  Any PPP applications sent to us were deleted or shredded in order to protect your privacy! Please contact your current bank or visit www.sba.gov for updated information regarding future program funding and other, available assistance.