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Info for PPP Loan Forgiveness Information
Read the instructions below and apply at the bottom of this page.
Things to know before you apply
- You are eligible to apply for forgiveness at any time regardless of the Covered Period you chose. However, we suggest that you verify you’ve paid the amount of Covered Expenses required to have your loan fully forgiven.
- If your PPP loan was for $150,000 or less, there is still a possibility of legislation that would simplify the forgiveness applications and reduce the amount of required supporting documentation. Taking this into consideration, please determine when applying for forgiveness makes the most sense for you.
Forgiveness Application Instructions
Please note: we have made some adjustments to our application and document submission process for the forgiveness phase of the PPP. It will be slightly different than the loan application process. These changes will help us more efficiently process forgiveness applications. Please read the following instructions carefully.
Once you have determined which application you are eligible to use, please review the applicable instruction sheet. Once completed you can email your application to thowe@securitybk.com or loanofficers@securitybk.com.
Interim Final Rule on Loan Forgiveness Requirements and Loan Review Procedures as Amended by Economic Aid Act<https://www.sba.gov/docume
PPP Loan Forgiveness Application: https://www.sba.gov/sites/defa
PPP Loan Forgiveness EZ Application: https://www.sba.gov/sites/defa
PPP Simpler Loan Forgiveness Application: https://www.sba.gov/sites/defa
PPP Loan Forgiveness Questions?
Contact Todd Howe at 217-789-3500 or thowe@securitybk.com<mailto:th