Attention: If you have not taken steps to apply for forgiveness for your PPP loan, it is important that you take action now.
How Can ATCU Help Me with the 2nd Round of SBA PPP Loan Forgiveness?
We appreciate the overwhelming response to our efforts in helping small businesses through the processing of Small Business Administration (SBA) Paycheck Protection Plan (PPP) applications approved in the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
ATCU is now ready to help ATCU members that participated in Round 2 of the SBA PPP program complete their forgiveness phase. The simplified Forgiveness Application 3508S for SBA PPP Loan recipients of less than $150,000 as well as other documentation, forms and instructions can be accessed at Small Business Administration (SBA) website. For additional resources you may find helpful in navigating these difficult times, you can also visit Alabama Small Business Development Center Network website that provides webinars you may find useful. We also encourage continued communication with your attorneys, accountants, etc. for clarification of the impact of the utilization of these resources to your business.
For your convenience here is a helpful link as you begin your forgiveness phase:
- If your SBA PPP Loan was $150,000 or less click here for the SBA Form 3508S Paycheck Protection Program Forgiveness Application (updated 07-30-21)
- If your SBA PPP Loan was greater than $150,000 click here for the SBA Form 3508 Paycheck Protection Program Forgiveness Application (updated 07-30-21)
- If your SBA PPP Loan was greater than $150,000 but you are eligible for the simplified Form EZ based criteria outlined in the application click here for the 3508EZ Application
To submit your application package and/or if you have questions about your current ATCU SBA PPP Loan, please request a secure email link by emailing [email protected] or calling 1.800.470.0704.
ATCU wants to thank you again for giving us the opportunity to help you and your business through these challenging times and looks forward to serving you in the future.
By submitting the required items either in part or in whole, I understand, acknowledge, and agree that the Lender and Other Loan Participants can obtain, use and share tax return information for purposes of (i) providing an offer; (ii) originating, maintaining, managing, monitoring, servicing, selling, insuring, and securitizing a loan; (iii) marketing; or (iv) as otherwise permitted by applicable laws, including state and federal privacy and data security laws. The Lender includes the Lender’s affiliates, agents, service providers and any of aforementioned parties’ successors and assigns. The Other Loan Participants includes any actual or potential owners of a loan resulting from your loan application, or acquirers of any beneficial or other interest in the loan, any mortgage insurer, guarantor, any servicers or service providers for these parties and any of aforementioned parties’ successors and assigns.
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