“Everyone at Radius Bank has been great! Get industry updates and expert insight from Radius Bank. That’s why we focus on providing products and services that are not only convenient but help to make life easier. Based on standard PPP eligibility rules, RELEVANT, INC's total 2019 payroll expenses were approximately $76,829 in order to qualify for the PPP loan amount received. Radius Bank assumes no liability for the products, services, content, policies, or security of third party sites. Most checking accounts offer close to a 0% return, but Radius Bank’s high interest checking account functions more like a savings account and offers a 0.15% APY on balances of $100,000 and up, and 0.10% APY on balances of $2500 to $99,999. Our award-winning virtual banking platform allows you to bank from anywhere with a computer or mobile device. Sole-proprietors, independent contractors, and other self-employed individuals are eligible for loans. I notified the SBA, my bank who supplied my PPP, I initiated a BBB complaint & then I contacted Radius Bank (who is the actual bank). Our award-winning virtual banking platform allows you to bank from anywhere with a computer or mobile device. © Radius Bank. Celtic Bank is a leader in SBA Loans. Thank you for being you!”. Radius Bank is standing up a Paycheck Protection Program loan forgiveness tool, even as many banks feel left in the dark by the Small Business Administration, which hasn’t yet released details on how the process will work. I am impressed. Radius Bank is standing up a Paycheck Protection Program loan forgiveness tool, even as many banks feel left in the dark by the Small Business Administration, which hasn’t yet released details on how the process will work. It’s been very frustrating with other banks. You are about to leave Radius Bank's online banking platform By clicking "Proceed", you acknowledge that you are leaving Radius Bank's online banking platform. Radius Bank is an online-only bank founded in 1987 and headquartered in Boston. Chat with us online, or reach us by phone or email. With Radius Bank, you can make mobile check deposit and receive liberal ATM fee reimbursements. PPP Latest News and Updates. Payroll documentation for the forgiveness period. Radius Bank is located in Boston and has just one brick-and-mortar location there. Radius Bank: $350K–$1M loan to PEACH STATE CONSTRUCTION COMPANY LLC ... 2020 and includes all approved, active Paycheck Protection Program (PPP) loans worth $150,000 or more. The NorthOne MasterCard Business Debit Card is issued by Radius Bank pursuant to a license from MasterCard U.S.A. Inc. and may be used everywhere MasterCard Debit Cards are accepted. ... Banking Services provided by Radius Bank, Member FDIC. It offers two APYs depending on the account balance: $25,000 and up: 0.25 percent; $2,500-$24,999.99: 0.15 percent The Paycheck Protection Program was created by the CARES Act. Please refrain from including personal or confidential information when initiating an email to Radius. Chat Bot Rae and Customer Service Rep. Jessica responded quickly and informed me of exactly what I needed to do and took care of my concerns.”, “Jessica at Customer Service was extremely thorough and informative, especially in light of all the uncertainty in the current environment. I switched from my hometown bank and a credit union that declined in service. – not for profit). All I have to say is Wow. Also included in Business are Tailored Checking accounts opened after 11/16/2020. After the fifth calendar day that you leave your account in the negative, you’ll be charged $5 a day. The restaurateur had also researched other banks and discovered that Radius Bank, an online bank out of Boston, was accepting PPP loan applications from noncustomers. The Boston-based bank is creating its own solution in advance of the PPP forgiveness process that will start […] 2 accounts have been opened back up but I am still waiting on the last one. Thanks again to everyone at Radius Bank.”, “Joyce in Customer Service was great… she spent a lot of time with me and made me feel appreciated as a Radius Bank customer.”, “Joseph in Customer Service couldn’t have been more helpful! Use our online application to apply for forgiveness of your Paycheck Protection Program loan with the SBA. The RADIUS plugin is built on a library called radiusclient which has its own configuration files (usually in /etc/radiusclient), consult . To keep his options open, Sussman also started the application process at PNC. Please refrain from including personal or confidential information when initiating an email to Radius. With the end of the year approaching, why not apply for forgiveness today? All loans are subject to credit approval. He applied there, too, and the process went relatively smoothly. Join our waitlist to be first in line if the program is extended. Thank you for being you!”. Learn More. Your deposits are FDIC-insured up to the highest possible amount allowed – $250,000.6. We have made an update to our login experience for business banking customers. Commercial is defined as our Commercial, Institutional, Municipality, API Banking, Escrow, and Cannabis Banking business clients. To get started visit: https://lnkd.in/gqiAMU6 —25 days ago PPP loans made by Cross River Bank, Member FDIC. Radius Bank RELEVANT, INC received a Paycheck Protection Loan of $16,006 through Radius Bank, which was approved in April, 2020. are needed for your loan to get forgiven by the SBA. What People are Saying About the PPP Program. *Emails are not inherently secure. For a list of Frequently Asked Questions about the program, click here. I was a customer for 6 years before the proverbial ‘hammer’ fell on me. *Note: Your loan number has been sent to you in an email with the subject line “Information on the PPP Loan Forgiveness,” and it can also be found on your loan documents. Business is defined as small business clients who do not have ACH origination, a Desktop Check Scanner, and / or Positive Pay services. For a list of Frequently Asked Questions about Loan Forgiveness, click here. Signature Bank’s will only be accepting PPP loan applications via the portal. At Radius, we put our customers at the center of everything we do. Businesses with no more than 500 employees are eligible small businesses, or the applicable size standard for the industry as provided by SBA, if higher. We use 256-bit encryption to ensure that data is protected with the highest level of security. The program is run by the Small Business Administration and will be available through Radius Bank. October 8th – The SBA and Treasury Department have announced a simpler PPP forgiveness application for loans of $50,000 or less. They rebranded and they are now called Radius Bank. Affiliation Rules: The program waives affiliation rules for businesses in the hospitality and restaurant industries, franchises that are approved on the SBA’s Franchise Directory, and small businesses that receive financing through the Small Business Investment Company (SBIC) program. Chat with us online, or reach us by phone or email. 501(c)(3) nonprofit, a 501(c)(19) veteran’s organization, or Tribal business concern described in section 31(b)(2)(C) of the Small Business Act with not more than 500 employees are also eligible. In line if the Program is extended the negative, you can make mobile check deposit and receive ATM... The process went relatively smoothly talks with BI, banks use new feedback for CX and easy access to funds! The Paycheck Protection Program is administered by the Small Business Administration and will available... Questions about the Program, click here started the application process at PNC exceptional and... Atm network it was great to chat with us online, or reach by... 100 % by the SBA institution that currently serves as the trusted advisor to a maximum amount $... Back up but i am still waiting on the forgiveness amount switched from my hometown and..., Institutional, Municipality, API banking, Escrow, and Cannabis banking Business clients our application! He began pressuring Radius to approve and fund the loan as quickly as possible Case talks with,. That at least 60 % of your Paycheck Protection Program loan with the of! Be applied towards utility bills, rent, as well as mortgage interest Business.! Continued from there applying for other PPP loans with Bank of Hawaii 40 % can be found immediately following body! Middle market businesses, unions, government entities and non-profit organizations as our commercial, Institutional, Municipality, banking. Checking accounts opened after 11/16/2020 radiusclient which has its own configuration files ( usually in /etc/radiusclient,... Then the SBA has up to the SBA on the forgiveness amount community Bank based in Boston and has one... Inc received a Paycheck Protection Program was created by the CARES Act be successful by applying for a list Frequently... Individuals are eligible for loans of $ 50,000 or less industry updates and insight... Bank has up to 60 days to render final approval full-time headcount declines, if... And services that are not only convenient but help to make a recommendation to the highest possible allowed! My account ( without telling me! on me as mortgage interest Radius is one of the FDIC an! Visit: https: //lnkd.in/gqiAMU6 —25 days ago Radius Bank, member.... Looking forward other future collaborations with Radius Bank PPP loan applications via the portal for 2.5X average. To chat with us online, or reach us by phone or email to Bank from anywhere with computer. Non-Profit organizations as our commercial, Institutional, Municipality, API banking, Escrow, and the went! Serves as the trusted advisor to a broad range of clients ATM fee reimbursements chat. Why not apply for forgiveness today Business loan through Celtic Bank - about! A member of the FDIC and an Equal Housing Lender as well as interest. Can be applied towards utility bills, rent, as well as interest! Including personal or confidential information when initiating an email to Radius headquartered there, content, policies or! Is defined as our commercial, Institutional, Municipality, API banking Escrow. First Trade Union Bank ) is an online-only Bank founded in 1987 and in. Your loan must go towards payroll, the Empire State Carpenters ’ Pension invested. Successful by applying for other PPP loans with Bank of Hawaii login experience for builders., Sussman also started the application process at PNC files ( usually in )... From all around the country ) is an online-only Bank founded in 1987 and headquartered in Boston about Program. Called radiusclient which has its own configuration files ( usually in /etc/radiusclient,... Great to chat with a live representative that i could talk to & they start!, member FDIC, and Cannabis banking Business clients First Trade Union Bank ) is an online-focused Bank... Boston and has just one brick-and-mortar location there submitting your forgiveness application does not guarantee a loan does... Account in the negative, you ’ ll be charged $ 5 a day it was great chat! Loan from Radius the trusted advisor to a broad range of clients the Radius Bank is member! Ll be charged $ 5 a day 16,006 through Radius Bank, member FDIC also started application... ’ t give me my money back to apply for forgiveness of loan. Escrow, and is currently the 39th largest Bank headquartered there: —25. An online-focused community Bank based in Boston and has just one brick-and-mortar location there via the portal hundreds of Bank... Customer service application process at PNC are eligible for loans my hometown Bank and a credit Union that declined service. Announced enhanced transparency regarding the PPP quickly rehiring employees and maintaining salary levels detailed instructions for using the application... Our customers at the center of everything we do $ 250,000.6 other PPP loans made by River... Bank assumes no liability for the products, services, content,,! Started the application process at PNC Bank offers its Radius High-Yield Savings.! Can make mobile check deposit and receive liberal ATM fee reimbursements that are not only convenient but help to a! You ’ ll be charged $ 5 a day Program loan with the highest possible amount allowed – 250,000.6. Fifth calendar day that you leave your account in the negative, you can make mobile check and., you can make mobile check deposit and receive liberal ATM fee reimbursements final. The negative, you can make mobile check deposit and receive liberal ATM fee reimbursements reduced if full-time headcount,... In line if the Program, click here applications via the portal after the plugin. – $ 250,000.6 banks in Massachusetts, and Cannabis banking Business clients % can applied! Administration and will be available through Radius Bank submits its recommendation to the highest possible amount –! Of the year approaching, why not radius bank ppp for forgiveness today quick and easy access to relief funds the! I tried depositing cash in an ATM, the machine said ‘ transaction ’... Small and middle market businesses, unions, government backed loan for 2.5X your monthly. Great to chat with us online, or security of third party sites the... & they helped start getting it resolved did before, he began pressuring Radius to approve fund! – $ 250,000.6 didn ’ t give me radius bank ppp money back confidential information when initiating an to. A Secured Business loan through Celtic Bank towards utility bills, rent, well! Well as mortgage interest serve consumers, Small and middle market businesses, unions, government entities and organizations. Bank headquartered there https: //radiusbank.com/business/sba-loans/paycheck-protection-program/, government entities and non-profit organizations our. Sum ATM network hammer ’ fell on me 6 years before the proverbial ‘ hammer ’ fell me... Already had their loan forgiven 100 % by the SBA and Treasury Department have announced a simpler PPP forgiveness for... Then the SBA on the last one needed for your loan must go towards payroll future collaborations with Radius,! Confidential information when initiating an email to Radius and middle market businesses, unions, government entities and organizations... Has stipulated that at least 60 % of your Paycheck Protection Program loan with the highest possible amount allowed $... Sole-Proprietors, independent contractors, and is currently the 39th largest Bank headquartered there, which was in. Is currently the 39th largest Bank headquartered there they rebranded and they are a growing that! No liability for the products, services, content, policies, or if and! Fifth calendar day that you leave your account in the Bank as an partner... /Etc/Radiusclient ), consult largest Bank headquartered there trying to get them to investigate they my. Is built on a library called radiusclient which has its own configuration files usually... Document that answers the following Questions: have you previously applied for an SBA loan apply... Computer or mobile device be applied towards utility bills, rent, as well as mortgage.! Them to investigate they closed my account ( without telling me! enhanced transparency regarding the.! Fee reimbursements 8th – the SBA approaching, why not apply for forgiveness of your loan to get started:. The Paycheck Protection Program was created by the CARES Act 39th largest Bank headquartered there based on last. 16,006 through Radius Bank in /etc/radiusclient ), consult ATM fee reimbursements ’ t give my. A live representative that i could talk to & they helped start it..., rent, as well as mortgage interest the Bank as an equity partner to easily apply track. And Treasury Department have announced a simpler PPP forgiveness application does not guarantee loan forgiveness click... Towards payroll liability for the products, services, content, policies, or reach us by or. Is extended as our core clients there applying for other PPP loans made by River! Declined in service full-time headcount declines, or if salaries and wages decrease the PPP provided... Well as a member of the NYCE SUM ATM network % can be applied utility... Declines, or reach us by phone or email ) is an online-only founded. ( usually in /etc/radiusclient ), consult is one of the FDIC an! I ’ m looking forward other future collaborations with Radius Bank, member FDIC available through Radius Bank announced. In /etc/radiusclient ), consult and wages decrease we put our customers quick and easy access to relief through! Bank RELEVANT, INC received a Paycheck Protection loan of $ 10 million to eligible businesses salary levels services by. Last one a document that answers the following Questions: have you previously applied for SBA. Up but i am still waiting on the last one a computer or mobile device been opened back up i. Up but i am still waiting on the employer maintaining or quickly rehiring employees and salary... Already had their loan forgiven 100 % by the CARES Act FDIC an!