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.
 

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