PPP Loans

Through the CARES Act’s Paycheck Protection Program (PPP), Meridian deployed nearly $300 million to over 900 Delaware Valley businesses and entrepreneurs, ensuring that 20,000 local employees continued to receive paychecks. Meridian is proud to play a role in deploying much-needed capital to our community.


Webinar Recording:

Paycheck Protection Program (PPP) Loans Explained

Click here to watch a previously-recorded webinar with Rocco Perate, SVP of SBA Lending at Meridian Bank, as he explains the new government funding options for small businesses, and answers questions from Delaware Valley business owners about how they can tap into these dollars.

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Rocco Perate
SVP, SBA Lending

Recognized as one of the deans of the local SBA lending community, Rocco Perate has over 25 years of experience in the Philadelphia area and national business lending community. In that time he has helped finance over $1 billion in SBA loans, assisted thousands of small businesses, and created or helped to retain thousands of jobs in the small business community in our region.

Rocco joined Meridian in 2018 to lead and expand its SBA lending division. By 2019, Perate successfully secured Preferred SBA Lending Status for Meridian, and led the Bank to become the 5th largest SBA lender in the Greater Philadelphia region, closing over $30 million in 7a loans that year. Today, as SVP of SBA Lending at Meridian, Rocco and his ten-person team have established Meridian as a top SBA lender in the tristate region.