On July 23, 2020, Community First Bank & HFG Trust hosted a live Paycheck Protection Program (PPP) loan forgiveness webinar.
As we move towards the forgiveness portion of the Paycheck Protection Program, our lenders, financial advisors, and leadership came together to share updated guidance provided by the Small Business Administration and the U.S. Department of Treasury.
If you are a client who has questions regarding your PPP loan and/or loan forgiveness, please contact one of our lenders or send an email with your questions to sbappp@community1st.com.
A recording of the webinar and its presentation slides can be found below:
Forgiveness Webinar Video
Important topics covered include:
- Required documents for the forgiveness application
- Extended loan covered period dates
- Updated information of loan proceeds usage
- And a general timeline for applying for loan forgiveness