Updated August 4, 2021
Online Forgiveness Portal
Our online PPP Forgiveness portal is open! Whether you took a loan in Round 1 or Round 2 of the Paycheck Protection Program, you can now submit your Forgiveness application. You have until the end of your loan term to submit your application but to avoid making payments, you’ll need to apply before they begin. Work with your relationship manager if you have questions.
Not Participating In SBA Forgiveness Portal
While the Small Business Administration has opened an online Forgiveness portal for PPP loans of $150,000 or less, you will not be eligible to apply since we are not participating in that process. We already have an easy online approval process established for you.
Reach out directly to your relationship manager to submit your Forgiveness application today.
Resources and Tips
The Paycheck Protection Program Flexibility Act allows forgiveness under certain circumstances. We encourage you to refer to:
- Your accountant or lawyer for specific information related to your business and tracking your PPP funds.
- Payroll Calculations: Check with your payroll company for sample applications, calculators and payroll documentation data/reports.
- Check out the Paychex PPP forgiveness calculator.
If you have any questions or concerns, please reach out to your bank relationship manager that helped you apply for your PPP loan.