(Update as of October 4, 2021)
PPP Loan Forgiveness
We are now accepting loan forgiveness applications on ALL PPP loans originated by nbkc bank.
Note that forgiveness processes are different depending on loan amount.
PPP Loans $150,000 and Less: The SBA has launched a new way to apply for forgiveness and we are proud to offer this solution as a service to help you reach full forgiveness. We have pre-staged your completed SBA PPP Forgiveness application and this can be completed in less than 5 minutes by visiting https://directforgiveness.sba.gov and following instructions provided by the SBA. For assistance, please reach out to SBA PPP Direct Forgiveness customer service by calling 877-552-2692.
PPP Loans in Excess of $150,000: We have released PPP forgiveness applications on all PPP loans originated in 2020 and 2021 in excess of $150,000. Please check your email for a link to an application and a separate email with an access code. If you need this sent again, please email firstname.lastname@example.org. We are encouraging all borrowers to apply for forgiveness prior to October 28, 2021. After this date, the process will change and you will need to manually complete the appropriate, fillable PDF application from SBA’s PPP website and email it back to email@example.com. Links to forms:
3508 (long form): https://www.sba.gov/document/sba-form-3508-ppp-loan-forgiveness-application-instructions
You can also visit sba.gov for more info.
In the meantime, stay safe and stay well.