Paycheck Protection
Program Loans

Second Round PPP Loans

[January 19^th, 2021] The SBA has re-opened the Paycheck Protection Program loan portal to all PPP-eligible lenders. The reopening applies to both First Draw and Second Draw applicants. Applications for both First Draw and Second Draw loans are available below along with resources to help outline the differences between the two applications and loan calculation details.

Should you have further questions or would like to submit a First or Second Draw Loan Application, please contact a GVB representative.

First Draw SBA Loan Application Form 2483 - For borrowers that are requesting PPP funds for the very first time (never received funds in 2020).
Second Draw SBA Loan Application Form 2483-SD - Did you receive PPP funds in round 1? If so, this form will be used to apply for the second round of funding in 2021.

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Applying for First Round PPP Loan Forgiveness

3508S - Loan amount $150,000 or under
3508EZ - Loan amount greater than $150,000 and below $2,000,000
3508 - Loan amount of $2,000,000 or greater

How to Submit First Round
Forgiveness Application

Below are fillable PDF versions of the EZ, Standard and 3508S Forgiveness Applications for First Draw PPP Loans. You also have the ability to send an electronic version via DocuSign that automatically calculates several areas.

We recommend requesting the DocuSign version via the form below, especially if you are filling out the standard application.
If you have already filled out your application on your own, it will be accepted as is. Please send your completed application and supporting documentation to your Relationship Manager through DocumentGuardian.
Contact your Relationship Manager to request an application, which will be sent via DocuSign.

Please note: The Bank cannot consider your application for review until all supporting documents have been received. If using the DocuSign application, there is an icon to upload all supporting documents. If you are submitting to through DocumentGuardian, please include all supporting documentation with your application.

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Complete First Round PPP Forgiveness through DocuSign

Fill out this form to receive an electronic version of the First Round Forgiveness Applications via DocuSign.

Recent Updates

PPP Forgiveness Legislative Updates

July 31st, 2020

Although the Bank will begin accepting Forgiveness Applications on Monday, August 3rd, we have stressed that there are still more legislative updates to come that may affect your application...

Forgiveness Application Graphic - Blog Draft 5-01

PPP Loan Forgiveness & FAQs Update

May 22nd, 2020

We strongly recommend that you review the updated FAQ over the next couple of weeks. However, there are some very important changes we wanted to bring to your attention. Please note that these bullet points are just a high level summary of complex information...

Important Updates Regarding Paycheck Protection Program (PPP) Loan

May 5th, 2020

We are continuing to provide updates so you are as informed as possible about the forgiveness portion of the Paycheck Protection Program (PPP) loan. There have been two very important recent releases regarding the PPP that will be highlighted in this email, one by the US Treasury, and one by the IRS.

Questions About Your PPP Loan Answered

April 22nd, 2020

You need to stay informed about the forgiveness process and requirements of your loan. We have prepared an informational document including everything we know about the forgiveness process at this time...

Coronavirus Scams and How to Protect Yourself

March 23rd, 2020

Be aware of recent coronavirus scams trying to take advantage of the economic support bills. The Department of Business Oversight (DBO) also urges consumers and investors to be alert to scams and unlawful activities in the investment and other financial services industries.

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Chico
Kyle Fales	781-1884	Send Application
Quinn Velasquez	894-4929	Send Application
Tyler Ruloph	781-1892	Send Application
Ray Block	894-4928	Send Application
Mark Francis	894-4920	Send Application

Redding
Eric Woodstrom	215-2009	Send Application
Jay Reagan	215-2005	Send Application
Jim Doss	891-4921	Send Application

Economic Injury 504 loan

A Direct Loan from the SBA is applied for and completed online only at this web site: www.sba.gov/funding-programs/loans/coronavirus-relief-options

Can be repaid over 30 years
May be the way to go if a business does not qualify for enough money to meet their needs under the Paycheck Protection Program above

These programs are subject to change as the agencies providing them interpret the CARES Act.

Paycheck ProtectionProgram Loans

Second Round PPP Loans

Applying for First Round PPP Loan Forgiveness

How to Submit First RoundForgiveness Application

Complete First Round PPP Forgiveness through DocuSign

Recent Updates

PPP Forgiveness Legislative Updates

PPP Loan Forgiveness & FAQs Update

Important Updates Regarding Paycheck Protection Program (PPP) Loan

Questions About Your PPP Loan Answered

Coronavirus Scams and How to Protect Yourself

Talk to a Banker

Chico

Redding

Economic Injury 504 loan

Subscribe to Golden Valley Bank Lending Updates

Paycheck Protection
Program Loans

How to Submit First Round
Forgiveness Application