Paycheck Protection
Program Loans

Second Round PPP Loans

[January 19th, 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.

 


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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. 

 

  1. We recommend requesting the DocuSign version via the form below, especially if you are filling out the standard application.

  2. 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.

  3. 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...

Learn More

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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...

Learn More

PPP Loan Forgiveness & FAQs Update_Blog

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.

Learn More

 

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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...

Learn More

PPP Booklet Image

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.

Learn More

 

Security Awareness_Blog

Talk to a Banker

 

 

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.

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