Business / Premier PPP Loans

Premier PPP Loans

Starting February 24, 2021 and through March 10, 2021, only applications for companies with fewer than 20 employees will be processed due to federal rule changes. However, all applications are still being accepted at this time and will be submitted after March 10, 2021, assuming federal funds are still available at that time. 

Loan calculations for sole proprietors, self-employed workers and independent contractors will potentially change based on these new rules. Once we have more information on these changes, we will include the update on our website. 

First Draw PPP

Looking for an initial First Draw PPP Loan? Premier is now accepting applications for those seeking an initial PPP loan. Applications can be accessed here

Second Draw PPP

The SBA and Treasury Department have now released SBA Form 2483-SD, the application for “Second Draw” PPP loans. 
The application can be accessed at this link.


The SBA has also now released a short fact sheet on Second Draw loans, which provides helpful summary information. It can be accessed here.

We at Premier Banks have kept our lobbies open, have been safely operating for several months to meet all of your banking needs, and look forward to assisting with your PPP loan! We will begin accepting applications for loans immediately and will submit applications for SBA processing as soon as the SBA begins accepting applications for PPP loans from traditional lenders.

Important First and Second Draw PPP Links

Updated First Draw PPP Application

SBA 2483-SD – Second Draw PPP Application

SBA Second Draw Fact Sheet

Additional US Treasury Resources

PPP Loan Forgiveness Links

Interim Final Rule on Loan Forgiveness Requirements and Loan Review Procedures as Amended by Economic Aid Act 

PPP Loan Forgiveness Application Form 3508 

PPP Loan Forgiveness Application Form 3508EZ 

PPP Loan Forgiveness Application Form 3508S 

Borrower’s Disclosure of Certain Controlling Interests

This is an invitation to apply and is not an offer of a loan. Applying for a Paycheck Protection Program Loan does not guarantee or promise funding. Premier Banks reserves the right to process loan applications in any order it deems appropriate.

Security | Calculators | Printable Forms | Check Orders | Resources | Terms of Use | Privacy Policy | Member FDIC | Equal Housing Lender | Site Map | Bank-Owned Properties

Premier Bank NMLS# 403178 Premier Bank Rochester NMLS# 411469 Premier Bank Minnesota NMLS# 403214 Facebook

You are leaving

This link takes you to a third-party site that is not affiliated with Premier Banks and may not be as secure as the Premier Banks site. Premier Banks is not responsible for the products, services and content on the third-party site. Please review the privacy information on the site as it may differ from the policies found on

Proceed Cancel

Unsecure Email Disclosure

Your privacy is very important to us. We would like to advise you that Internet email is not secure. Please do not submit any information that you consider confidential. We recommend you do not include your social security or account number or other specific identifying information.

Continue Cancel