SBA Paycheck Protection Program for Businesses Impacted by COVID-19
Bank Independent is proud to have provided assistance to over 1,500 small businesses applying for the SBA Paycheck Protection Program. If you are one of those businesses and would like to apply for loan forgiveness, the US Department of Treasury and the Small Business Administration have released guidelines and the SBA PPP loan forgiveness application. To help your business best prepare for the forgiveness process, review the link provided below.DoWNLOAD Loan Forgiveness Application
Please take the opportunity to familiarize yourself with the document and begin gathering required information. Bank Independent will soon follow with further details about forgiveness application process.
SBA PPP Town Hall
Bank Independent hosted a PPP Forgiveness Town Hall on May 21 to share with our customers and community what to expect with the forgiveness process and application. We expect additional guidance to continue to be released, but we hope this information is helpful.
If you have questions about your specific situation, we encourage you to consult with your accountant or tax adviser.
Thank you for trusting Bank Independent with your business needs.