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July 6, 2020
SBA PPP update
Congress has recently extended the deadline to August 8, 2020 to submit a SBA PPP application. If you are a West Bank customer and would like to submit a SBA PPP loan application, please find the links to the application and checklist below. We will continue to process internally as they are received.
SBA PPP loan forgiveness process information
We are monitoring guidance from the SBA and the Treasury daily as they continue to consider changes to the loan forgiveness application and process. At this time, we are currently recommending that borrowers keep detailed documentation of the use of the loan proceeds.
When the SBA has released additional guidance related to their updated PPP loan forgiveness application, it will be posted on this page. We will also provide instructions on how to send your completed application to your banker, so that it can be submitted to the SBA for processing. Please visit the SBA and Treasury websites for the latest information.
SBA Paycheck Protection Program
If your business or tax-exempt nonprofit has been impacted by the COVID-19 pandemic, you may qualify to apply for the Small Business Administration’s Paycheck Protection Program (PPP). See the SBA and Treasury websites for program details and eligibility criteria.
West Bank is accepting PPP applications from customers and will continue to process internally as they are received.
West Bank is only accepting applications from existing customers.
Step 1: Download the SBA Application here.
Borrower Application Form Revised June 12, 2020
Step 2: Download the West Bank Paycheck Protection Program Checklist.
Step 3: Once you have completed the application and collected all of the supporting documentation listed in the West Bank PPP Checklist, please contact your banker directly. Your banker will provide you with a secure link to electronically provide your application and supporting documents. If you need to be connected with your banker, please contact us at 1-800-810-2301.
Alternatively, you may drop off your application and supporting documents in an envelope in the drive-up at any of our locations. Please address your envelope to the attention of your banker.
For your protection, please do not email your completed application using unsecure email.
IMPORTANT! Submitting your loan application and supporting documents to us at West Bank is the first of many steps in getting your SBA/PPP loan approved.
At this time, we are not able to tell you when your loan will be approved because it requires certain items and procedures from the SBA that we do not have authority or control over.
West Bank is only accepting applications from existing customers. We are doing everything we can to get applications for our customers formally approved through the SBA. We thank you for your patience during this challenging time. We encourage non-West Bank customers to contact your current bank.
West Bank makes no promise nor commitment that a loan will be made to your business or that your application will be submitted to the SBA before additional PPP funds are depleted. West Bank will process applications consistent with criteria established by the SBA and West Bank, which may change at any time, without notice.
West Bank makes no promise nor commitment that a loan will be made to your business or that any pending application will be accepted and funded. The Small Business Administration’s Paycheck Protection Program is administered in accordance with their rules and regulations. West Bank makes no representations regarding the suitability of any applicant for the Program, the degree to which the Program may benefit any applicant, or the possible penalties for non-compliance with SBA rules.