The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic downturn.
The Second Draw PPP loans are now available for those that qualify. We recently sent all of our clients an email describing the qualifications for this second PPP loan opportunity.
Even though we are still helping our clients apply for loan forgiveness through the SBA portal, we are also shifting our focus to those clients that need this second PPP loan the most.
If you have any questions, please utilize these helpful links or contact your Relationship Banker. They stand ready to assist you with this PPP loan forgiveness process.
Thank you for allowing us to assist you with your PPP loan!
For the most up-to-date information, please visit: https://www.sba.gov/document/sba-form--paycheck-protection-program-loan-forgiveness-application