PPP Loan Forgiveness:
The Small Business Administration has recently released instructions and guidance related to PPP Loan Forgiveness. If you’re a Denali State Bank PPP loan borrower, we’ll be emailing you soon with loan forgiveness instructions. The email will be from “PPP Forgive”- [email protected]. Thank you for your patience and we’ll be emailing you soon!
Want to apply for the Paycheck Protection Program? Deadline is August 8th.
To apply, use the PPP Calculator* to assist in gathering information that will be necessary in filling out the application. Click Apply Now to access the application form. Please email the completed application along with the documentation to [email protected].
*Some systems do not allow the automatic calculations included in this sheet to function. You may need to manually calculate the Subtotal, Average Monthly Payroll and Loan Request fields. In this case, we have included instructions for calclulating these amounts.
The Paycheck Protection Program (PPP) is a provision of the CARES ACT that can provide cash-flow assistance to employers in response to the COVID-19 emergency. As your banking partner, we are dedicated to helping you navigate this application process and help you receive critical financial relief when you need it most.
For information on eligibility, loan forgiveness provisions, and more, visit the Small Business Administration’s Paycheck Protection Program Page here: https://www.sba.gov/funding-programs/loans/paycheck-protection-program-ppp