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New PPP Loans Available

New PPP loans are once again available! Whether you are applying for your first PPP loan or you have already received a loan and you want to apply for a ‘second-draw,’ apply here

 

Tips for completing the application 

  1. You must use Google Chrome
  2. Use your previous SBA Loan Number and NOT your First Community Account Number
  3. Use the same EIN/SSN from your first loan application
  4. Read guidance released by the SBA to ensure you meet all qualifications and have proper documentation ready.

Requirements have changed. For more information on PPP loans, including information on loan forgiveness, visit the SBA website

PPP Loan Forgiveness

If you have already closed on a PPP loan through First Community, you should have received an email to apply for loan forgiveness. The email will give you specific instructions on your next steps. If you did not receive the email please contact us [email protected] or call 636-728-3381. 

 

SBA Form 3508 Instructions

SBA Form 3508EZ Instructions

 

Note: When applying for loan forgiveness please consult your tax professional. They are qualified to assist you with calculations and documentation. First Community is unable to provide this level of professional assistance and tax guidance.