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Charter Bank

SBA-PPP

The SBA PPP Forgiveness Application has been updated, effective 6-16-2020.
 
In addition to revising the full forgiveness application, SBA also published a
new EZ version of the forgiveness application that applies to borrowers that :
  • are self-employed and have no employees;   OR
  • did not reduce the salaries or wages of their employees by more than 25%,
    and did not reduce the number or hours of their employees;   OR
  • experienced reductions in business activity as a result of health directives related to COVID-19,
    and did not reduce the salaries or wages of their employees by more than 25%.
Click here to view the EZ forgiveness Instructions
Click here to download and complete the  EZ  Forgiveness Application
 
Click here to view the updated forgiveness Instructions
Click here to download and complete the updated Forgiveness Application