Small Business Administration (SBA)

Paycheck Protection Program (PPP) Update on Loan Forgiveness

Page Last Updated: 10/14/2020

We continue to update this page as new information becomes available from the SBA. Please check back often.

If you received your SBA Paycheck Protection Program (PPP) loan through Vantage West Credit Union, you should also apply for loan forgiveness through Vantage West Credit Union. Our role will be to collect your documentation and submit it to the SBA for their decision. We understand that loan forgiveness for your PPP loan is important to you, and we are committed to supporting you through the request for forgiveness process.

Between October 2020 and January 2021, look for our email inviting you to apply for loan forgiveness. You will receive the email based on the date you received your SBA PPP loan proceeds, or the readiness due date you provided to us on the survey we sent you.

Here are steps to help you prepare ahead to submit your loan forgiveness application once you receive our email invitation.  

Step 1: Prepare and review helpful tips

Step 2: Apply via email link

Step 3: Submit Application

Step 4: SBA confirmation

Disclosures

We will periodically update this information; Members are responsible for checking and understanding updates to this page throughout the forgiveness process. In the event of any discrepancies between the information on this site and the SBA’s site, please follow the official SBA guidance.