COVID-19: Small Business Loan Resources

Second Draw PPP Loans 

Yes, we are participating in the Second Draw PPP Loan program just as we did in the First Draw PPP Loan program Phases I and II. Those who qualify are invited to apply with Settlers bank now! Please see Borrower Resources below for the application forms and additional information on the latest version of this program. Please reach out to your lender with any questions.

New to Settlers bank? Meet our Lending Team here. If you are a current PPP client and were happy with the service you received please share our name with other businesses. We would be happy to help them navigate the Second Draw PPP application process.

Visit this page often. We will be updating this resource as any additional Second Draw PPP program details are provided by the Small Business Administration and the U.S. Department of the Treasury.

First Draw PPP Loans and Forgiveness

We are committed to helping you navigate the First Draw PPP Loan application and/ or Forgiveness process.

We have carefully reviewed and pulled together the latest information from the most credible sources to share with you here. See below under Borrower Resources for links that may be useful during the First Draw PPP Loan and Forgiveness process.

Paycheck Protection Program (PPP)

Please find the most current information for the Second Draw Paycheck Protection Program (PPP) on the Small Business Administration website.

Borrower Resources

NOTE: Please use Google Chrome to access forms on the SBA website using the links below. The SBA website does not support the use of Internet Explorer.

Second Draw Paycheck Protection Program (PPP)

PPP Second Draw Borrower Application Form 2483-SD

Interim Final Rule on Paycheck Protection Program as Amended by Economic Aid Act (Released 1/6/2021)

Interim Final Rule on Second Draw Loans (Released 1/6/2021)

First Draw Paycheck Protection Program (PPP)

PPP First Draw Borrower Application Form 2483

Interim Final Rule on Paycheck Protection Program as Amended by Economic Aid Act (Released 1/6/2021)

First Draw Paycheck Protection Program (PPP) – Loan Forgiveness

Interim Final Rule on Loan Forgiveness Requirements and Loan Review Procedures as Amended by Economic Aid Act (Released 1/19/2021)

PPP Loan Forgiveness Application Form 3508 (Revised 1/19/2021)

PPP Loan Forgiveness Application Form 3508EZ (Revised 1/19/2021)

PPP Loan Forgiveness Application Form 3508S (Revised 1/19/2021)

Borrower’s Disclosure of Certain Controlling Interests (Released 1/19/2021)

For more information and updates, visit SBA.gov/PPP or Treasury.gov/CARES

 

 

 

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