Paycheck Protection Program | ABC Bank

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Paycheck Protection Program

The SBA has closed the portal for new PPP loans for most banks including ABC Bank, so the we are unable to process any applications for new PPP loans at this time. If you received a PPP loan from our bank in 2020 or 2021 and you are ready to apply for loan forgiveness from the SBA, please reach out to your loan officer to obtain an invitation to our online PPP Forgiveness Application Portal powered by Abrigo Sageworks. 

Paycheck Protection Program on the SBA website.

Forgiveness forms and instructions from the SBA

Borrower instruction sheet for doing the PPP Forgiveness Application on our online PPP Forgiveness Application Portal.

Here is a list of Frequently Asked Questions (FAQs) on PPP Loan Forgiveness from the SBA. (As of October 13, 2020)

Employee Retention Tax Credit under the CARES Act is available for many businesses financially impacted by COVID-19. Click here for info

Families First Coronavirus Response Act provides tax credits to reimburse employers for Coronavirus-related paid leave. Click here for info.