PAYCHECK PROTECTION PROGRAM
Billions of dollars in forgivable small business loans are available through this federal program for businesses affected by COVID-19. We have organized the information and forms for you right here.
Shelby State Bank is an approved provider of Paycheck Protection Program (PPP) business loans from the U.S. Treasury and Small Business Administration. The second round of PPP relief is now open for applications and we are actively assisting businesses in working through the entire process. (Scroll down for your nearest expert.)
The updated forms for new applications and "second draw" applications are located right here, including two new application forms for those applying based on Schedule C gross income:
Application forms and instructions for the PPP Loan Forgiveness process are below. On page 1 of the 3508EZ instructions, you will find a checklist to help determine which application form is right for you. Most businesses will be able to use Form 3508EZ.
Please reach out to your nearest SSB Commercial Lender (below) for assistance and we will help you in every way we can.
Shelby State Bank is committed to ensuring maximum access and rapid response so this relief can strengthen businesses and save local jobs.
Contact your nearest SSB Commercial Lender today!