Paycheck Protection Program
On Monday, August 10th at 10:00am, we hosted an informational webinar to review the Paycheck Protection Program (“PPP”) Forgiveness process.
The webinar covered important components of the application process and the rules for determining forgiveness.
Subject to any further changes/announcements from the SBA, we currently plan to begin accepting PPP Forgiveness applications on Wednesday, August 12th at 8:00am.
In addition to the informational material that will be provided in our webinar, we encourage you to review all of the PPP Forgiveness guidance and rules which are available at https://home.treasury.gov/policy-issues/cares/assistance-for-small-businesses. The terms and conditions of your loan forgiveness application, including the manner and time of submission, remain subject to SBA and bank policies and procedures and are subject to change at any time.