APPLYING FOR PPP LOAN FORGIVENESS
As you may know, the SBA, in consultation with the Department of the Treasury, is providing guidance for borrowers concerning the forgiveness of their Paycheck Protection Program (PPP) loans. We encourage you to read the information thoroughly and contact a Fidelity Banker if you have any questions. Fidelity Bankers can be contacted specifically about the PPP by calling (610) 588.9266 Monday – Friday. Or, you can email pppforgivenesssupport at fddbank dot com
Some clients may qualify for forgiveness by using the 3508-S application.
You may use this application when:
You may NOT to use the 3508-S application when:
How to guide for businesses with a loan amount under $50,000 presented by Kevin McCormick, Vice President & Business Relationship Manager
How to guide for businesses with a loan amount over $50,000 presented by Angelo J. DeCesaris, Senior Vice President & Regional Commercial Group Leader
Several weeks ago, changes were made to the PPP loan forgiveness process including an extended coverage period, lower requirements, safe harbors from reductions, and more.
For more information or questions please contact us by phone at 1-800-388-4380 or email us at Fidelity at fddbank dot com
Thank you so much for getting this taken care of in such a sort time frame!! This is yet another reason I love Fidelity Bank and have three different accounts with your bank! I will be sure to continue to spread the word about Fidelity and how they provide exceptional customer service!