Paycheck Protection Program
The deadline for Paycheck Protection Program (PPP) loan applications has been extended until August 8, 2020, so we will be relaunching our Small Business Hub this Thursday, July 9, 2020 at 9:00 a.m. and accepting new applications at that time.
In the meantime, if you need any assistance or have any questions related to the PPP program, please reach out to your Orrstown Bank Relationship Manager, your local Orrstown Bank branch, or our Client Service Center at firstname.lastname@example.org or 888-677-7869.
Paycheck Protection Program Loan Forgiveness
Thank you for giving Orrstown Bank the opportunity to assist you with your Paycheck Protection Program (PPP) loan.
As we prepare to enter the forgiveness stage of this process with you, we strongly recommend that you do the following:
- Review and become familiar with the application
- Work closely with a Certified Public Accountant to implement a plan. This will involve careful documentation and planning.
- Review the PPP Loan Forgiveness guidelines released from Treasury/SBA.
We are currently developing a streamlined process that will allow you to request PPP loan forgiveness and submit the supporting documentation, but we are awaiting additional guidance from the Treasury and SBA before finalizing this effort. As such, we are unable to accept any forgiveness applications at this time. We will continue to update the Paycheck Protection Program page on our website as additional information becomes available.
In the meantime, please feel free to contact your Orrstown Bank
Relationship Manager with any questions or concerns you may have.