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Paycheck Protection Program

Colorado SBA Paycheck Protection Program

Last updated on April 9, 2021.

PPP Loan First & Second Draw Forgiveness Update

If you haven’t done so, the First Round PPP Forgiveness is open and you should have received a link to register and apply in the portal.  If you have not seen such a request, please reach out to your Lender.

For those that applied and received a Second Round PPP loan, we are already reaching the time period for which some may be forgiven.  As you may remember, the Second Round PPP forgiveness period is the same as the First Round, between 8 and 24 weeks.

Once you reach your forgiveness period, you can log into the portal (with the same login information as the First Round) and apply for the forgiveness.

As a final reminder, you can always check the status of your forgiveness (both First Round and Second Round) by logging in to the portal.

Should you have any questions, please don’t hesitate to reach out to your Banker or Relationship Manager.