Paycheck Protection Program (PPP) Loan Information
The SBA and U.S. Treasury Department have jointly issued their application and instructions for PPP forgiveness.
PPP Forgiveness Information
The SBA has published their Interim Final Rule for lenders and has published the application on their website. The application can be found here:
The following link will have more general information regarding the Paycheck Protection Program:
To help provide additional clarity, we have created a list of frequently asked questions based on feedback we’ve received over the past week that should help you navigate this application and the required supporting information. You can access the list by clicking this link.
The SBA has published an FAQ document for faith-based organizations. You can access the document by clicking this link.
Once you have the application and all information gathered, please submit this to your loan officer, or send an email to firstname.lastname@example.org. This will get your application in the queue for processing, and we pledge to provide you feedback on the status of your application as soon as we can.
Agent fees will not be paid by First Bank of Owasso. In addition, agents may not collect fees from the borrower or be paid out of the PPP loan proceeds.
We will continue to provide you with the latest information as it becomes available. As always, if you have any questions or concerns, please call your loan officer directly, or you may call 918-272-5301, and one of our lenders will assist you.