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Sorry, we are no longer accepting Paycheck Protection Program loan applications.
PLEASE DO NOT SEND US YOUR LOAN FORGIVENESS APPLICATION YET.
We know how important loan forgiveness is for your recent Paycheck Protection Program (PPP) loan. As soon as our Loan Forgiveness Application portal is available, we will send you an email notification for you to start your Loan Forgiveness Application. You will be asked to complete an electronic version of the Loan Forgiveness Application and upload supporting documentation, similar to how your loan application was completed and processed.
Now is a great time to prepare all of your documents and information that will be needed for the Loan Forgiveness Application process.
Please be aware that this or other PPP information provided is for your convenience, only. While the information provided is intended to be accurate it should not be construed as legal or financial advice.Consult your preferred tax, legal or financial advisor and the SBA’s and U.S. Treasury’s PPP site for details particular to your financial situation.
Here is a summary of the PPP Loan Forgiveness Application process that you will need to follow, and information on the documents you will need.The below are not complete definitions or representations of the PPP Forgiveness rules.
On August 4, the SBA issued an updated Frequently Asked Questions (FAQs) aimed at helping borrowers navigate maximum loan forgiveness. We recommend you review this information as you prepare your Forgiveness Application material.
The information above is based on the Bank’s interpretation of laws, rules, regulations, and guidance provided by the SBA and U.S. Department of Treasury regarding the Paycheck Protection Program at the time this page was authored. While the information provided is intended to be accurate it should not be considered and is NOT INTENDED TO BE FINANCIAL OR LEGAL ADVICE. This page and its content may be updated periodically if there are changes to the Program. However, the Program is rapidly evolving and the Bank cannot be held responsible for any errors or omissions as a result of this. Please consult the SBA’s and U.S. Treasury’s websites for updated information. In the event of any discrepancies between the information on this site and the SBA’s or U.S. Treasury’s site, please follow official SBA or U.S. Treasury guidance.
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