LOAN FORGIVENESS
As of 07/30/21, we have received updated applications. All details will be easily accessible on this webpage, and should legislation change the verification process, it will be updated accordingly.
The U.S. Small Business Administration is launching a streamlined application portal to allow borrowers with Paycheck Protection Program (PPP) loans $150,000 or less through participating lenders to apply for forgiveness directly through the SBA.
The new forgiveness platform will begin accepting applications from borrowers on August 4th, 2021.
Don't Forget!
DO NOT submit your application and required documents via email. Instead, click the button below to securely send us your sensitive information. All questions should be directed to SBAPPP@bsf.net.
APPLICATION SUBMISSION NOTES
If PPP borrowers submit their forgiveness application timely (within 10 months of the completion of the covered period), they are not required to make any payments on these loans pending forgiveness. Loans with late applications for forgiveness, or other balances ineligible for forgiveness as verified by BSF and SBA are required to begin making loan payments.
LOANS $150,000 AND UNDER: APPLICATION & FAQs
LOANS ABOVE $150,000: APPLICATIONS & FAQs
Once you believe you have completed all of the new documentation requirements accurately and have submitted through the secure link, please send an email to SBAPPP@bsf.net and we will begin our verification process in order to get your loan forgiven.
Don't Forget!
DO NOT submit your forgiveness application and required documents via email. Instead, use this link or click the button below to securely send us your sensitive information. All questions should be directed to SBAPPP@bsf.net.
