America First knows that many businesses are facing challenges created by the COVID-19 pandemic. We can help businesses cut costs, manage their cash flow, or adapt to current circumstances, through timely business services including:
New legislation has extended the Paycheck Protection Program (PPP) to May 31, 2021. America First will continue to accept loans up until this date but can not guarantee your acceptance by the SBA. We recommend anyone considering applying do so as soon as possible to give adequate processing time and acceptance by the SBA for your application.
PPP Loan Application Update
We are now accepting applications for Small Business Administration (SBA) Paycheck Protection Program (PPP) loans. We will submit the loans in our submission queue in the order in which we receive them.
If you are ready to apply, please follow this link to the application or click the apply button below. Please note that the name on your application must exactly match the name of your business as it appears in your online banking account, so please verify it before you begin your application. If you need help finding your business’s account name, it is visible when you log in to online banking, as shown here.
Once you have submitted your application, you can follow the link to upload additional documentation or check its status. Also, you can click the status and upload document buttons below to access your loan status and document uploads. You can find more details about the different application statuses here.
You can find additional details and information about PPP loans, including eligibility requirements, at the SBA’s official PPP web page.
PPP Loan Forgiveness
The application portal for Small Business Administration (SBA) Paycheck Protection Program (PPP) loan forgiveness is open and available for submissions. The following resources will help you prepare for the application process:
We are not yet accepting forgiveness applications for any PPP loan funded after January 15, 2021.
Once you have reviewed the resources above, and have collected the documents you will need to apply for loan forgiveness, please proceed to the SBA PPP loan forgiveness application portal.
If you have questions about the loan forgiveness application or your PPP loan, please visit the SBA’s official PPP web page or call our dedicated business hotline at 801-215-5557.
The IRS has also released information related to the SBA PPP loan forgiveness, which can be found in IRS Notice 2020-32.
America First is accepting both First and Second Draw PPP loan applications. To apply, you must be a Business Account Holder with America First. (Click here for a business application.)
Your business must have been in operation as of February 15, 2020 and not be permanently closed to be eligible for a PPP loan.
First Time Program Participants
Businesses who have previously received a PPP loan
Yes, however to obtain a 2nd draw PPP loan,
(1) Your 1st draw PPP Loan must be fully disbursed, and
(2) you have used, or will use, the full amount of the First Draw PPP Loan on or before the expected date on which the Second Draw PPP Loan is disbursed to the borrower, and
(3) the covered periods for a First Draw PPP Loan and a Second Draw PPP Loan cannot overlap. The minimum covered period is eight weeks.
Please note if you did not apply with America First for your first draw PPP loan, you will need to obtain your SBA loan number from your previous lender.
Member’s must apply through our online portal. Applications will not be accepted by email or at our branch locations.