- Customer logs into portal.
- Customer completes online application form and uploads required documentation.
- Customer submits application form and documentation.
- Bank reviews application form and documentation.
- Bank either:
- approves application,
- requests customer to make corrections and begins correction process, or
- denies application.
- Upon Bank approval, Customer receives email from DocuSign for e-signature, reviews final application for accuracy and e-signs in all applicable spaces.
- Bank uploads application with signatures to SBA.
- SBA either approves, declines, or asks for corrections.
- Upon SBA Approval, Bank prepares loan documents.
- Customer receives email from DocuSign for e-signature, reviews final loan documents and e-signs in all applicable spaces.
- Bank funds loan.
- Customers are encouraged to have their loan proceeds disbursed directly into a Northwest Bank & Trust Company deposit account.