Your CARES Act Business Partner

Information and insights from HSBC US to help your business navigate the impact of novel coronavirus, with updates as the situation evolves.

The CARES Act

On Friday, April 3, the federal government released funding for the Paycheck Protection Program (PPP), and again on Friday, April 24. Through both rounds of federal relief, HSBC worked tirelessly to support our customers. Hundreds of our colleagues volunteered to process loans for each customer, with all of our eligible applicant customers receiving their much-needed funding to aid in the economic recovery.

After careful consideration, HSBC will not currently be accepting new PPP applications as we focus our team's efforts on preparing to process existing PPP loan forgiveness applications.

We appreciate your patience as we navigate this challenging time together.

As of May 21, we had:

100,000+

employees’ payroll supported by HSBC

$1.35bn

in loans approved

100%

of eligible applicants received PPP loans

You are leaving the HSBC Commercial Banking website.

Please be aware that the external site policies will differ from our website terms and conditions and privacy policy. The next site will open in a new browser window or tab.

You are leaving the HSBC CMB website.

Please be aware that the external site policies will differ from our website terms and conditions and privacy policy. The next site will open in a new browser window or tab.