The Small Business Administration (SBA) has streamlined forgiveness applications for PPP loans $150,000 or less. The portal is user friendly, safe and allows a quick way for West Michigan Community Bank customers to submit a PPP forgiveness application. West Michigan Community Bank customers who meet the requirements should register and apply for PPP forgiveness here.
The application is pre-filled and only takes a few minutes to complete and eSign within the portal. Once your application is submitted in the portal, SBA will notify West Michigan Community Bank. SBA and West Michigan Community Bank will continue to work together to obtain maximum or full forgiveness on your PPP loan.
To improve your experience with the portal, please refer to the PPP Loan Forgiveness Checklist for $150,000 or less.
Once your application has been approved by the SBA, you have the ability to log into your SBA loan forgiveness portal to download your Official Notice that forgiveness has been approved.
PPP borrowers can take steps now to make it easier to apply for forgiveness in the future. Here are some basic pieces of information from the PPP forgiveness application and required documents that borrowers can begin collecting now.