Coronavirus (COVID19) update

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Coronavirus Aid, Relief, and Economic Security (CARES) Act Information

The newly enacted federal Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law by our President Donald J. Trump, provides a variety of additional emergency relief programs for businesses (including the Paycheck Protection Program (PPP) and Economic Injury Disaster Loans(EIDL)) and consumers. We are actively working to operationalize these programs as quickly as possible so that we can further assist our customers in maximizing their relief under the Act’s provisions. We will begin accepting Paycheck Protection Program applications for small business and sole proprietorships on Friday, April 3 and independent contractors and self-employed individuals on Friday, April 10. EIDL loans must be applied directly through the SBA (link included below). As we collectively navigate these uncertain times, the safety and well-being of our customers, employees and the communities we serve remains our top priority. We will continue to update our website as changes require.

Application Forms:

• PPP Borrower Application Form - 01.08.2021
• PPP Second Draw Borrower Application Form - 01.08.2021

Links to information:

• EIDL information can be found at https://covid19relief.sba.gov/#/ 
• PPP--IFRN FINAL.pdf
• PPP--Fact-Sheet.pdf
• Calculating loan amounts for Self Employed borrowers: https://home.treasury.gov/system/files/136/How-to-Calculate-Loan-Amounts.pdf

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