SBA PAYCHECK PROTECTION PROGRAM (PPP)
SBA PPP Loan Forgiveness:
To minimize any chances of funds running out or changes in government policy, apply for your PPP2 loan forgiveness now!
If your loan is not forgiven prior to the end of your grace period, your PPP loan will automatically be termed out and you will have to begin loan repayment. Once your loan forgiveness application is submitted to the SBA, they can take over 90 days to process the application. Please keep this timeline in mind when applying for forgiveness.
If you are ready to apply for loan forgiveness, please email the borrowing entity’s legal name and email address (if it’s not the one being used) to SBA_PPP@unitybank.com and an application link will be sent to you.
SBA PPP Funds Update – 5/6/21:
The SBA notified us that as of May 4, 2021, PPP funds have been depleted and they are no longer accepting applications.
Questions Regarding Your SBA PPP Loan?
If you have any questions regarding your SBA PPP loan or loan forgiveness, please email the borrower’s legal name and business name to: SBA_PPP@unitybank.com