We are now accepting the SBA simplified forgiveness applications (Form 3508S) on all loans $150,000 or less. The new application is available on our loan portal at https://loanapp.tbank.com/.
If your loan is over $150,000 you can apply for forgiveness in our portal at the above link. As a reminder, the time allowed to apply for forgiveness is up to 10 months following the Covered Period. The Covered Period is, at your selection, up to 24 weeks following the date you received your loan.
We cannot accept paper or scanned/e-mailed forgiveness applications. Just as when you applied, you will use the same log-in credentials to access your loan in our PPP Loan Portal.
As a reminder, your log-in ID for the loan portal is the e-mail address where you received the initial invitation to apply. If you have forgotten your password, be sure and click the Forgot Password? link below the blue Sign In button.
If your loan is over $150,000, the type of application you will complete is based on your answers to initial questions in the application process. If you have questions or encounter any problems, please e-mail us at email@example.com.
EIDL ADVANCE REDUCTION
The forgivable portion of Economic Injury Disaster Loan advances, which were up to $10,000 based on number of employees, will no longer be withheld from PPP Loan forgiveness. If your loan has been forgiven but was reduced by the EIDL advance amount, the SBA has established a means to allow T Bank to reimburse you for any payment you may have made or forgive any remaining balance on your PPP loan. Once T Bank receives the funds from the SBA, we will contact you to arrange reimbursement for any amounts you paid or to cancel the remaining balance on your PPP loan attributable to the EIDL advance reduction.
We look forward to continuing to assist you in these difficult economic times.
Need Your SBA Loan Number?
Current PPP loan customers can request their SBA loan number for their first draw PPP loan by e-mailing us at firstname.lastname@example.org.