Paycheck Protection Program (PPP) Loans
Our experienced lending team is here to assist you with the Paycheck Protection Program (PPP) every step of the way.
Below are resources to assist you with the PPP Loan Forgiveness process. If you have questions or need additional guidance, please contact your loan officer.
There are three application options. Each borrower must complete the appropriate application along with supporting documentation. Here is the Small Business Administration's guidance on How to Calculate Loan Amounts.
This application is for all loans $50,000 or less. If you are completing form 3508S, you must maintain the required documentation necessary to support the forgiveness application but you are not required to submit it.
This application is for borrowers whose loan amount exceeds $50,000 AND who can answer one of the three questions on the 3508EZ instructions list provided below. You will also need to submit the required documentation outlined in the PPP Forgiveness Documentation Checklist below.
This application form is for borrowers whose loan amount exceeds $50,000 AND have 1) Reduced FTE during the covered period 2) Reduced salaries and wages for FTE by more than 25% during the covered period. You will also need to submit the required documentation outlined in the PPP Forgiveness Documentation Checklist below.