If you have questions regarding the Paycheck Protection Program (PPP), please email us at: email@example.com
The Farmers Bank Reopens PPP Portal for New PPP Loans
At The Farmers Bank, we are committed to helping your organization navigate the financial difficulties caused by the pandemic. That is why we’re pleased to announce that the Small Business Administration (SBA) will reopen the Paycheck Protection Program (PPP) loan program.
Beginning on Tuesday, January 19, 2021, The Farmers Bank reopened its PPP Portal for new first draw and second draw PPP Loan Applications. Please note that we will only accept applications from eligible customers who have an established business relationship with The Farmers Bank.
If you are interested in completing an application or have questions regarding the Paycheck Protection Program (PPP), please contact your commercial banking officer or email us at: firstname.lastname@example.org.
Things to Know:
- To better ensure we can process your PPP Loan Application in a timely manner, we recommend you familiarize yourself with the eligibility provisions and documentation required by the SBA. While The Farmers Bank PPP Portal allows you to save your work and return later, documentation requirements will vary based on loan size and application type. Therefore, we suggest gathering all the required supporting documents for your Loan Application before you begin. For the latest PPP information, including program rules and requirements, please visit the SBA PPP site or the U.S Treasury page.
- Since the inception of the PPP, the U.S. Treasury and the SBA have continually modified guidelines regarding the PPP. We recommend you study the CARES Act, Paycheck Protection Program Flexibility Act, recently enacted legislation, and SBA rules carefully. We further suggest you consult with your attorney, accountant or other professional advisor(s) as you consider use of funds and your particular situation.
- Please note that when The Farmers Bank resumes accepting PPP applications, we will only accept applications from eligible customers who have an established business relationship.
As always, thank you for choosing The Farmers Bank. We look forward to working with your business during this process.
Note: Application processing times, application authorization, and availability of funds are not guaranteed and are dependent on, among other things, SBA systems availability, processing, and guidelines, as well as PPP funding availability.