Update On PPP Loans And Forgiveness

Congress has passed legislation that creates funding for additional Paycheck Protection Program (PPP) loans for small businesses.

We invite businesses to apply now.  In order to apply you must:
  • have received a PPP loan through Telhio in the first round of funding in early 2020, or
  • have had an active Telhio Business Checking Account before June 1, 2020.

The new legislation will also make it easier for many current PPP borrowers - especially with loans of $150,000 or less - to request Forgiveness. The Small Business Administration (SBA) is working to finalize the details on both.  A custom forgiveness application link was provided to you via email on November 30, 2020. If you haven't already applied for forgiveness, please do so now.

PPP Loan Request Form

Before completing, please ensure that your request satisfies the PPP applicant requirements listed above.

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