We are honored to have helped thousands of businesses secure funds through the SBA’s Paycheck Protection Program (PPP) over the last several months in order to help keep their business operational during these extraordinary times.
A new COVID Relief Bill was signed into law on December 27, 2020 which includes a new round of funding for the SBA Paycheck Protection Program (PPP). The SBA has not yet issued rules or updated guidance around the most recent round of funding, so we are unable to accept applications at this time. Once we receive final guidance from the SBA, all applications will be completed online to help provide an efficient and safe way to apply for funding.
SBA Paycheck Protection Program
We are now accepting SBA Paycheck Protection Program (PPP) loan applications for first-time and second-time loan applicants through our new online application portal.
SBA PPP Loan Forgiveness
If your business received a loan through the SBA’s PPP, you may be eligible to request loan forgiveness.
If you have questions or need assistance, please email us at email@example.com or contact your lender.
Other helpful resources:
The Paycheck Protection Program (PPP) is governed by the Small Business Administration (SBA), including guidelines and use of funds and is subject to change. Bangor Savings Bank and its representatives are unable to provide legal or tax advice, please consult an appropriate advisor regarding any legal or tax consequences related to a PPP loan. Additional information about the SBA’s PPP program is available at their website at www.sba.gov.