Business Lending Services

Helping local businesses grow and prosper since 1853

Collinsville Bank - A Division of Northwest Community Bank offers a sophisticated suite of lending products that can help you take your business to the next level. With local decision makers and deep roots in the community, we offer flexible loan and credit packages on a personalized basis.

Paycheck Protection Program

Paycheck Protection Program Loan Forgiveness

We are accepting applications for Paycheck Protection Program Loan Forgiveness now. To start your application, click the button below:

If you have questions, please contact us at:.

PPP Loan Application

PPP ALERT: May 5, 2021 - Collinsville Bank - A Division of Northwest Community Bank Is No Longer Accepting Paycheck Protection Program (PPP) Loan Applications

The Small Business Administration announced that Paycheck Protection Program (PPP) funds have been exhausted and that PPP applications will no longer be accepted from most lenders.

SBA has reserved funding for previously submitted loan applications subject to SBA hold codes that have yet to be resolved. However, loan applications that have not yet received an SBA loan number have not been approved. There is also congressionally mandated funding for PPP loans made by designated "community financial institutions," defined for bankers' purposes as minority depository institutions and community development financial institutions.