PPP Loan Forgiveness

PPP Loan Forgiveness

Highpoint Community Bank is now accepting PPP Loan Forgiveness Applications on First Draw PPP Loans originated in 2020. If you have recently applied for and/or received funding on a First or Second Draw Loan in 2021, please wait to apply for loan forgiveness until your covered period has ended. To access all updated documentation and information, you may click here to access the SBA’s forgiveness site. Prior to submitting your application, please ensure you are checking your eligibility for each form. These requirements are embedded in each application form for your reference. Keep in mind while completing your loan forgiveness applications that borrowers may choose to use the original 8-Week Covered Period for loans made before June 5, 2020 or an extended 24-Week Covered Period as authorized by the PPP Flexibility Act. If you need any information pertaining to your loan forgiveness, please feel free to reach out to our lending team by phone at 1(888)422-2280 or by email at lending@hcb.us.

Here are some common forms for your utilization for PPP Loan Forgiveness: