PAYCHECK PROTECTION PROGRAM
Billions of dollars in forgivable small business loans were made available through this federal program for businesses affected by COVID-19. Now the Loan Forgiveness phase has begun, and the necessary forms are below.
Shelby State Bank is an approved provider of Paycheck Protection Program (PPP) business loans from the U.S. Treasury and Small Business Administration. The PPP program stopped taking new applications as of August 8, 2020.
The PPP Loan Forgiveness process is now available. Application forms and instructions 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!