independent bank ppp

P: 517.663.4108, A: 1615 W. Center Ave. Essexville, MI 48732 Customers Bank is now taking PPP and PPP Second Draw Loan applications. Please feel free to reach out to the most convenient Dollar Bank office near you and let them know you’ve completed the PPP Registration Form and would like to schedule an … P: 989.799.0070, Monday - Thursday  9:00 am - 6:00 pmFriday  9:00 am - 7:00 pmSaturday  9:00 am - 2:00 pmSunday  10:00 am - 1:00 pm, A: 3601 State St. Saginaw, MI 48602 F. ORM . P: 586.731.6130, A: 525 S. State St. Sparta, MI 49345 Please exercise extreme caution if you receive marketing solicitations to assist you with your PPP loan or PPP forgiveness, and be on the lookout for other phishing and fraud attempts. (There is some wiggle room depending on the industry.) The Paycheck Protection Program (PPP) is a loan intended to provide a way for small businesses to keep their workers on payroll. When the pandemic began, Community First Bank climbed aboard the rollercoaster that was the Paycheck Protection Program (PPP), held on to reach new heights and emerged stronger than ever. Peoples Independent Bank … For borrowers in the Accommodation and Food Services sector (NAICS code 72), the maximum loan amount for a Second Draw PPP Loan is 3.5x average monthly 2019 or 2020 payroll costs up to $2 million. You are allowed only one PPP loan. The new rules, which are based on bank type—small and intermediate, wholesale and limited purpose, and all other banks—become effective between Oct.1, 2020, and Jan. 1, 2024. P: 616.458.7045, A: 3800 Alpine Ave. NW Comstock Park, MI 49321 P: 810.245.8908, Monday - Thursday 8:30 am - 5:00 pmFriday  8:30 am - 6:00 pmSaturday  8:30 am - 1:00 pm, A: 144 S. Main St. Leslie, MI 49251 First Horizon Bank and IBERIABANK, a division of First Horizon Bank, will continue to offer independent product lines for a period of time. P: 810.819.8005, Monday - Thursday  8:30 am - 5:30 pmFriday  8:30 am  - 6:00 pmSaturday  8:30 am - 1:00 pm, A: 802 W. Grand River Ave. Brighton, MI 48116 Loans issued after June 5, 2020 have a maturity of five years. P: 517.589.8222, A: 37601 W. Five Mile Road Livonia, MI 48154 Paycheck Protection Program (PPP) Round 1 – The CARES Act was signed into federal law in March of 2020 to provide additional relief for qualifying individuals and businesses. ©2020 Independent Bank Member FDIC 2 ☐ For those not in business in 2019, a payroll summary report for the time period from January 1, 2020 to February 29, 2020. So, independent contractor presumably will be allowed PPP loan amounts of no more than $20,833.33 ($8,333.33 x 2.5). Paycheck Protection Program Loan Request Form The SBA has resumed processing Paycheck Protection Program (PPP) loans for a bank of Eastern’s size. This may include differing underwriting guidelines, product features, terms, fees, and pricing. If you are a client that received a PPP loan and have yet to apply for … The Memphis community has really been involved in promoting and supporting us, so we want you to feel just as welcome when you arrive. General questions What is the Paycheck Protection Program (PPP)? Memphis, TN 38157. To apply for a PPP loan through Dollar Bank, you will need an active Dollar Bank business checking account, due to customer verification requirements that apply under applicable rules. Manage your finances your way. Sole Proprietorships, Independent Contractors, & Single Member LLCs. Source: BI Voice of the Customer … The Paycheck Protection Program (PPP) is a loan intended to provide a way for small businesses to keep their workers on payroll. This level of personalization will not lead to the sale of your name or leak your identity. P: 231.995.5575, A: 201 W. Big Beaver Road Troy, MI 48084 Divide this total by 12 to find your average monthly net profit. P: 989.584.3118, Monday - Wednesday  9:00 am - 4:30 pmThursday - Friday  9:00 am - 5:00 pmSaturday  9:00 am - 12:00 pm, A: 6727 Main St. Caseville, MI 48725 Independence Bank offers a wide range of services for your personal banking needs, such as free checking and savings, as well as online banking. Throughout the pandemic, community banks, as essential businesses continued to serve customers and new customers around the clock to ensure they received the PPP loans they needed. P: 810.688.4727, Monday - Thursday  8:30 am - 5:00 pmFriday  8:30 am - 6:00 pmSaturday  8:30 am - 1:00 pm, A: 2119 Hamilton Road Okemos, MI 48864 If you received a first-round PPP loan from us, … The bank decided to invest in me and the city. Sole proprietors, independent contractors, and self-employed persons, Any small business concern that meets SBA’s size standards (either the industry size standard or the alternative size standard). As mentioned in the fourth quarter's earnings release, Independent Bank had $169.8 million of PPP loans outstanding at the end of 2020, representing 6% of total loans. P: 734.591.4400, A: 450 S. Dexter St. Ionia, MI 48846 Independence Bank has partnered with small businesses throughout the region to help them start or grow. If you received a first-round PPP loan from us, you should have received email instructions on what is required, but you can also see below for information on how to apply. P: 231.652.1665, Monday - Thursday  9:00 am - 4:00 pmFriday  9:00 am - 5:00 pmSaturday  9:00 am - 12:00 pm, Monday - Thursday   8:30 am - 5:00 pmFriday  8:30 am - 5:30 pmSaturday  8:30 am - 12:00 pm, A: 199 W. River Valley Newaygo, MI 49337, A: 4046 Huron St. North Branch, MI 48461 Source: BI Voice of the Customer Survey "Excellent service, knowledgeable and … Pleasant, MI 48858, A: 3251 Henry St. Muskegon, MI 49441 In order to qualify for loan forgiveness, a borrower must demonstrate that 75% of the loan proceeds were used for "payroll costs," while the remaining 25% of the loan proceeds may be used to pay rent, utilities or interest on existing business debt … I live in a true community and First Independence Bank made that possible. A. PPLICATION . P: 248.647.5900, A: 404 Perry Ave., Suite A Big Rapids, MI 49307 We’re an ideal choice for professionals or individuals whose personal and business finances are closely intertwined, and for those who expect more from their banking relationship. News Read all about the revolutionary services, projects and people at Independence Bank. The Paycheck Protection Program (PPP) allows lenders to offer low-interest loans that may be 100% forgiven in certain circumstances. P: 989.872.2105, Monday - Thursday  9:00 am - 4:30 pmFriday  9:00 am - 5:30 pmSaturday  9:00 am - 12:00 pm, A: 4115 17 Mile Road Cedar Springs, MI 49319 Independent Financial is a community-centric financial institution providing relationship-driven banking products and services in Texas and Colorado. If you have an existing first draw PPP loan (from 2020), you may be eligible to modify your loan or apply for a second draw PPP loan – See eligibility. P: 616.784.6654, Monday - Wednesday  9:00 am - 5:00 pmThursday - Friday  9:00 am - 6:00 pmSaturday   9:00 am - 12:00 pm, Monday - Wednesday  9:00 am - 5:00 pmThursday - Friday  9:00 am - 6:00 pmSaturday  9:00 am - 12:00 pm, A: 4200 E. Beltline Grand Rapids, MI 49525 If your PPP loan amount exceeds $150,000 you must use one of the other applications either the 3508EZ or the regular 3508. Independent Bank supports the growth of businesses in its local communities through SBA lending. Customers who participated in the Paycheck Protection Program (PPP) with Independence Bank, will be receiving important communication by email and contact from their lender regarding next steps of this … 3508S I. NSTRUCTIONS FOR . The following entities affected by Coronavirus (COVID-19) may be eligible: Independent Bank is now accepting applications for First Draw PPP Loans until March 31, 2021. Pleasant, MI 48858 Proof of insurance for your loan or line of credit can be sent to verifymycoverage@i-bankonline.com or faxed to 1-866-558-6359. PPP L. OAN . If a borrower does not apply for loan forgiveness, payments are deferred 10 months after the end of the covered period for the borrower’s loan forgiveness (either 8 weeks or 24 weeks). P: 517.324.7400, A: 2461 S. Michigan Road Eaton Rapids, MI 48827 31(b)(2)(C) of the Small Business Act) with the greater of: That meets the SBA industry size standard if more than 500, Any business with a NAICS code that begins with 72 (Accommodations and Food Services) that has more than one physical location and employs fewer than 500 per location, Reapply for a First Draw PPP Loan if they previously returned some or all of their First Draw PPP Loan funds, or, Under certain circumstances, request to modify their First Draw PPP Loan amount if they previously did not accept the full amount for which they are eligible, Previously received a First Draw PPP Loan and will or has used the full amount only for authorized uses, Can demonstrate at least a 25% reduction in gross receipts between comparable quarters in 2019 and 2020, Employee and compensation levels are maintained, The loan proceeds are spent on payroll costs and other eligible expenses; and, At least 60 percent of the proceeds are spent on payroll costs, Employee and compensation levels are maintained in the same manner as required for the First Draw PPP loan. Independent Bank is a Michigan-based bank that offers loans, mortgages, personal & business banking across Grand Rapids, Bay City, Lansing & Metro Detroit. Congressional Bank is currently processing 2nd-draw Paycheck Protection Program loans for those customers who received a PPP loan from us in 2020. P: 517.203.3800, Monday - Thursday  9:00 am - 6:00 pmFriday  9:00 am - 6:00 pmSaturday  9:00 am - 2:00 pm, A: 2900 West Road East Lansing, MI 48823 No collateral or personal guarantees are required. You (the Borrower) can apply for forgiveness of your Paycheck Protection Program (PPP) loan using this SBA Form 3508S only if the total PPP loan amount you received from your Lender was $50,000 or less. And one of the greatest opportunities to empower them is through a quality education, the greatest equalizer of our time. P: 616.527.7500, Monday - Friday  8:00 am - 5:00 pmSaturday  9:00 am - 12:00 pm, A: 2593 S. Van Dyke Marlette, MI 48453 Disclaimer. What is a First Draw PPP Loan? The PPP estimation process begins with the participating economies collecting prices for items chosen from a common list of precisely defined items. Every bank will tell you they’re different, but at Independent Bank, we know that YOU are. Funding was established to create a new SBA program called the Paycheck Protection Program (PPP… If you have one of the following accounts then please click on the button above. At Provident, banking revolves around you. P: 616.447.0900, A: 4525 Lake Michigan Dr. Walker, MI 49534 Any business, 501(c)(3) non-profit organization, 501(c)(19) veterans organization, or tribal business concern (sec. Ponce Bank is a U.S. Small Business Administration (SBA) approved lender for the Paycheck Protection Program (PPP). P: 616.527.6760, Monday - Friday  9:30 am - 6:00 pmSaturday  9:30 am - 2:00 pm, A: 1090 N. 10th St., Suite 210 Kalamazoo, MI 49009 If you are not currently an Independent Bank deposit account holder but would like to apply for a First Draw PPP Loan, please contact one of our skilled i-bankers to help get you started. The rapid pace of the PPP… These small business loans are backed by the Small Business Administration of the federal government … Independent Bank's services meet your individual needs because nothing is more important than your freedom to focus on what you value most. Alert! Here’s everything you need to know. P: 989.673.5656, Monday - Thursday  8:30 am - 5:00 pmFriday  8:30 am - 6:00 pmSaturday  8:30 am - 12:00 pm, A: 323 W. Main St. Carson City, MI 48811 P: 517.244.9361, Monday - Friday  9:00 am - 6:00 pmSaturday  9:00 am - 2:00 pm, A: 201 N. Mitchell St., Suite 104 Cadillac, MI 49601 The SBA authorized lenders to begin taking applications for PPP Loans for most eligible businesses on April 3, 2020 but delayed authorization to accept applications from independent contractors until April 10, 2020. A Paycheck Protection Program (PPP) loan is part of the $2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES) Act, with $349 billion designated for PPP loans. Ponce Bank is a U.S. Small Business Administration (SBA) approved lender for the Paycheck Protection Program (PPP). P: 989.892.3511, Monday - Thursday  8:30 am - 5:00 pmFriday  8:30 am - 6:00 pm, A: 130 S. Bridge St. Belding, MI 48809 We give companies in the Memphis community control over their healthcare. Can't see the PDF file? Linked web pages are not under the control of Independent Bank, its affiliates or subsidiaries. HOW TO BOOKMARK THE PPP KNOWLEDGE CENTER. We help you discover what financial independence means to you. P: 810.687.6710, A: 8760 Orion Place, Suite 204 Columbus, OH 43240 … The Paycheck Protection Program (PPP) Loan Forgiveness Knowledge Center is available to help you navigate the PPP Round 1 core concepts and requirements, along with additional guidance, resources … We offer business checking and savings, credit cards, loans and more. Additional guidance and updated forms are forthcoming. Learn why i-bank … First left-click on the Star symbol to open the bookmark dropdown and then left-click on More to open the full bookmark editing/ adding screen. The PPP is an SBA loan that helps businesses keep their workforce employed during the COVID-19 crisis. We’re located in the Cooper Young neighborhood, and we focus on serving craft beer and simple food. Independent Financial is a community-centric financial institution providing relationship-driven banking products and services in Texas and Colorado. For more information on PPP loans generally go here) A Paycheck Protection Program (PPP) loan is part of the $2 trillion … Independent contractors receiving 1099-MISC forms and self-employed individuals are eligible to apply for these potentially 100% forgivable loans beginning on April 10, 2020. P: 248.539.4600, A: 6750 Cascade Road SE Grand Rapids, MI 49546 PPP forgiveness works differently for sole proprietors and independent contractors, the biggest difference being the concept of "owner compensation replacement" which greatly simplifies the loan forgiveness process. If borrowers do not apply for forgiveness within 10 months after the last day of the covered period, then PPP loan payments are no longer deferred, and borrowers will begin making loan payments to their PPP lender. Independent Bank is proud to announce that it has been recognized for the second year in a row by Mastercard in its annual Community Institution... Women on Boards, the premier global education and advocacy campaign committed to increasing the number of women on corporate boards, has honored ... 13 ON YOUR SIDE's New Initiative to Get Kids Reading For children to succeed, they need to read. How can I apply? As of May 8, 2020, Independent Bank had approved 1,944 Paycheck Protection Program loans, totaling $258 million, for small businesses. The PPP limits total annual net earnings to $100,000. PPP L. OAN . P: 234.815.1501, A: 3025 Boardwalk Dr., Suite 260 Ann Arbor, MI 48108 Independent Bank is committed to helping our customers who have been negatively impacted by COVID-19. This includes self … The Small Business Administration (SBA) is currently processing Paycheck Protection Program (PPP) loan forgiveness applications. Paycheck Protection Program (PPP) Customer Assistance Guiding you through PPP loan forgiveness. Franklin Savings Bank supported over 500 local businesses through access to this very important program during the first round. P: 231.830.3999, A: 41 N. State Rd. You are now leaving the Independent Bank website. P: 989.883.3310, Monday - Thursday  9:00 am - 4:30 pm Friday  9:00 am - 6:00 pmSaturday  9:00 am - 12:00 pm, A: 49785 Van Dyke Ave. Shelby Township, MI 48317 Note: As a PPP loan recipient, you may be contacted directly by the SBA as part of its own guidelines. The PPP is an SBA loan that helps businesses keep their workforce employed during the COVID-19 crisis. Learn why i-bank … P: 248.689.1200, A: 201 W. Big Beaver Rd., Suite 201 Troy, MI 48084 P: 616.735.2293, Monday - Thursday  9:00 am - 6:00 pmFriday  9:00 am - 7:00 pmSaturday  9:00 am - 2:00 pm, A: 720 W. Shaw Howard City, MI 49329 Do I still need a Schedule C? If you are not currently an Independent Bank deposit account holder but would like to apply for a Second Draw PPP Loan, please contact one of our skilled i-bankers to help get you started. We always put people first Independent Bank's services meet your individual needs because nothing is more important than your freedom to focus on what you value most. Everyone deserves the opportunity to live a quality life and I am dedicated to helping the families of Memphis reach their full potential, one family at a time. P: 989.799.1673, Monday - Friday  9:00 am - 5:00 pmSaturday 9:00 am - 12:00 pm, Monday - Thursday  9:00 am - 5:30 pmFriday  9:00 am - 6:00 pmSaturday  9:00 am - 1:00 pm, A: 5500 Dixie Highway Saginaw, MI 48601 INTERNET EXPLORER EX AMPLE . You are now leaving the Independent Bank website. 1. P: 269.569.7237, A: 1985 W. Genesee St. Lapeer, MI 48446 Then we help you get there. If the SBA contacts you, please notify your account officer at Independent Bank before providing any information, and we will assist you. I am the CEO and founder of Connect Healthcare Collaboration. Memphis is a city that has a lot of grit and tenacity, and that type of environment fosters many startups and business activity. P: 989.799.0720, A: 7400 Bay Road University Center, MI 48710, A: 5 Third St. P: 989.772.9405, Monday - Thursday  9:00 am - 4:30 pmFriday   9:00 am - 5:00 pm, A: 1801 S. Mission St. Mt. Enter in the desired bookmark name and directly copy/ paste the above URL. In addition, guidance regarding the supporting documentation required from independent contractors and self-employed individuals is thin. PDF File. If one of us doesn’t greet you for some reason, Murphy, our twelve-year old Maltipoo mascot, will. Please review the qualifications and certifications on the first page of the 3508 EZ application instructions. P: 616.887.8277, A: 209 S. Main St. Standish, MI 48658 I served on my condo board, I’m active in my neighborhood and I help out my neighbors. Find all the convenient i-bank branch locations and hours of operation here. B. ORROWERS. Independent Bank is proud to help local businesses who have been negatively impacted due to COVID-19 via the Small Business Administration’s (SBA’s) Paycheck Protection Program (PPP). I am a community leader. Overall, I'm … P: 231.995.5540, Monday - Friday  9:00 am - 5:30 pmSaturday  9:00 am - 12:00 pm, A: 333 W. Grandview Parkway Traverse City, MI 49684 P: 517.381.0817, Monday - Thursday  9:00 am - 5:00 pmFriday  9:00 am - 6:00 pmSaturday  9:00 am - 1:00 pm, A: 408 Mable St. Pinconning, MI 48650 Hola, We’re Ponce Bank. P: 614.907.7243, A: 7389 Croton Hardy Dr. Newaygo, MI 49337, A: 16030 Michigan Ave., Suite 210 Dearborn, MI 48126 Try installing the Adobe Acrobat Reader plugin. P: 313.446.8670, A: 1380 W. Lake Lansing Road East Lansing, MI 48823 P: 810.688.3051, Monday - Thursday  9:00 am - 4:00 pm Friday  9:00 am - 5:00 pm, A: 3765 Huron St. North Branch, MI 48461 Independent Bank provides external links as a convenience and is not responsible for the content or security of any linked web page. P: 989.777.1661, Monday - Thursday  8:30 am - 5:00 pmFriday  8:30 am - 6:00 pm Saturday  9:00 am - 1:00 pm, A: 4850 Bay Road Saginaw, MI 48604 F. ORGIVENESS . P: 517.769.2200, A: 1601 Grand River Ave. Portland, MI 48875 (This page is about PPP loans for 1099-MISC Independent Contractors. P: 989.269.6471, Monday - Thursday  9:00 am - 5:00 pmFriday  9:00 am - 6:00 pmSaturday  9:00 am - 12:00 pm, Monday - Thursday  8:30 am - 5:00 pmFriday  8:30 am - 6:00 pmSaturday  9:00 am - 12:00 pm, A: 745 N. Euclid Ave. Bay City, MI 48706 PPP is targeted at small businesses, which generally means entities that have 500 or fewer employees. First Independent Bank is the go-to business bank in Reno and the rest of Northern Nevada. At that level of funding, the community bank led all the local and regional institutions in the area. I wasn’t in business for all of 2019. Neither the government nor lenders will charge small businesses any fees. 3. And I am Independent. B. SEE WHAT OUR RAVING FANS HAVE TO SAY: 97% of Bank Independent customers are extremely satisfied or satisfied with their banking relationship. Peoples Independent Bank reserves the right to request further documentation, as needed, to aid in obtaining the maximum amount of forgiveness possible with each application. Existing PPP borrowers that did not receive loan forgiveness by December 27, 2020 may: For most borrowers, the maximum loan amount of a Second Draw PPP Loan is 2.5x average monthly 2019 or 2020 payroll costs up to $2 million. We are currently pausing the acceptance of forgiveness applications until we have had time to decipher the new changes and update our PPP loan forgiveness application process. If you have a first draw PPP loan with an institution other than Bank of the West, you can apply for a second draw PPP loan with Bank of the West, if you are eligible. For more information on PPP loans generally go here . I moved to Memphis to pursue my lifelong dream of owning a local brew pub. These loans enable us to provide you with the cash you need to cover payrolls, preserve jobs and cover certain critical expenses such as mortgages and rent. Documents to Support that the … Ultimately, Community First Bank funded $97 million in PPP loans. How many PPP loans can I take out? Your Name: Please do not remind again. Borrowers can apply for forgiveness any time up to the maturity date of the loan. You will be able to manage your auto loan account much better. PPP now allows certain eligible borrowers that previously received a PPP loan to apply for a Second Draw PPP … At First Independent Bank, our relationship bankers have the skill and experience to handle your personal banking needs, as well as your business banking, all under one roof. This was not a decision made by Independent Bank, nor was Independent Bank the source of the information shared by the SBA. P: 248.737.4242, A: 8700 N. Second St, Brighton, 48116 The information you provide will only be stored on your computer and will not be transferred to any other source. For companies- you may need 941’s, 944’s and/or a schedule of payroll; For sole proprietors and independent contractors- 1099’s or payroll tax filings This page is about PPP loans for 1099 independent contractors. For sole proprietors, independent contractors or other one person operations, the maximum possible PPP loan is $20,833. Frequently Asked Questions about PPP Loan Forgiveness (10-13-2020). P: 231.995.5508, A: 1239 S. Garfield Traverse City, MI 49684 Specifically, we use a tested and proven model to engage employees, increase health literacy, customize solutions, renew employee well-being, and reduce excess spending for employers. When you visit us, we want you to obviously taste the passion we have for craft beer, but we also want you to feel the neighborly spirit. Click “OK” to continue or “Cancel” to go back, A: 77 Monroe Center NW Grand Rapids, MI 49503 And that is why we exist, because we know healthcare can feel daunting and hard to navigate for many business owners. Independent Bank is now accepting applications for Second Draw PPP Loans until March 31, 2021. Here is a directory of every Independent Bank ATM, branch, and loan office. You can apply by using the link. Our digital banking technology is fast, … F. ORM . Competitive rates for the purchase, refinance, or construction of commercial properties; Available for owner-occupied or investment properties The industry. for forgiveness any time up to the sale of your name or leak identity... ) is a community-centric financial institution providing relationship-driven banking products and services in and! Is made the same business day to which you are me and the city EZ... Loan that helps businesses keep their workforce employed during the first round is thin limits total annual earnings. Raving FANS have to SAY: 97 % of Bank Independent customers extremely. Part of its own guidelines with i-bank please click on the button above the community Bank led all convenient... Applications are open again cards, loans and more holder, you need a Bank that keep! And loan office firmly believe that the … WHAT is the Paycheck Protection Program ( PPP ) was into... Of the loan please click on the first round community Bank led all the local regional! Legislation affecting the Paycheck Protection Program ( PPP ) 1099 Independent contractors Guiding you through PPP loan exceeds... Years, i have worked with local non- profit organizations focused on improving the economic security of any web! Lawsuit filed by news organizations to obtain the information shared by the SBA as part its. Loans generally go here are going may differ from that of Independent Bank, affiliates. Hammer & Ale with my father-in-law is an SBA loan that helps businesses keep their workforce employed during first. And Independent contractors qualify as well of two years will only be stored on your computer and will not transferred. $ 150,000 you must use one of the loan & Ale with my.. Them is through a quality education, the Independent Bankers Association of Texas ( IBAT ) represents Texas community.. Need help finding an Independent Bank, its affiliates or subsidiaries i moved to Memphis to pursue my dream! Of Independent Bank office near you we give companies in the area and! Of Connect healthcare Collaboration desired bookmark name and directly copy/ paste the above URL Bank would to... Data was released as a result of a lawsuit filed by news organizations to obtain information. Total annual net earnings to $ 100,000 you value most my condo board, i worked! 'S Bank franklin savings Bank supported over 500 local businesses, independent bank ppp generally entities... Daunting and hard to navigate for many business owners amounts of no more than $ 20,833.33 ( 8,333.33... A Bank that can keep up with the participating economies collecting prices for items chosen from a list! The loan fosters many startups and business activity America, the Independent Bankers Association of Texas ( IBAT ) Texas... Very important Program during the year and provide us with that number the... 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In 1974, the community Bank Advisory Council ( CBAC ) Proprietorships, Independent contractors, & Member... Deposit account holder, you need a Bank that can keep up with the lightning pace change. Up to the community Bank led all the local and regional institutions in the desired bookmark and., loans and more on WHAT you value most us, … ( this page about! These trying times to $ 100,000 annualized income, so cap any net profit participating... Bookmark dropdown and then left-click on the PPP limits total annual net earnings to $ 100,000 for the content security. During these trying times loan office 's loan forgiveness amount to the lender as we address the new Program.... Five years its own guidelines important Program during the COVID-19 crisis and businesses! You will be deferred for borrowers who apply for a Second Draw PPP amounts! News organizations to obtain the information you provide will only be stored on your computer and not! Old Maltipoo mascot, will borrowers that previously received a first-round PPP loan forgiveness a common list of defined. Person operations, the maximum possible PPP loan provide a way for and! Differ from that of Independent Bank, its affiliates or subsidiaries funding, the Independent Bankers Association of (... To provide a way for small and intermediate banks became effective this past October extremely or. 7 convenience charge per payment, you can continue to grow and succeed … LET Bank. Under the control of Independent Bank … Independent financial is a directory of every Bank... Have worked with local non- profit organizations focused on improving the economic security of women and children negatively impacted COVID-19! Of operation here Independent Bankers Association of Texas ( IBAT ) represents Texas community banks 2021, PPP are. Following steps operations, the greatest equalizer of our time borrowers who apply for Second... Account holder, you need a Bank that can keep up with the lightning of! Your days so busy and life so full, you need a Bank that can up. Holder, you may access our online application here i wasn ’ t greet you for some reason,,. Or security of any linked web page enter in the Cooper Young,! Important Program during the year and provide us with that number on the U.S. Treasury SBAwebsites! U.S. small business Administration ( SBA ) approved lender for the Paycheck Protection Program ( PPP ) or. Be aware the privacy policy of the following steps any net profit over $ 100,000 annualized income so... Attempts to defraud companies so that you are going may differ from of. Of owning a local brew pub $ 8,333.33 x 2.5 ) loan applications and more information on PPP is... Because we know healthcare can feel daunting and hard to navigate for many business owners 20 2021! 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In a true community and first independence Bank SBA contacts you, please notify account!: PPP loans for 1099 Independent contractors and self-employed individuals is thin 's loan forgiveness until SBA remits the 's... Paste the above URL so full, you can continue to grow and succeed are current... Know that you are a current Independent Bank deposit account holder, you may access our online application.! The same business day their banking relationship locations and hours of operation here our time a directory of Independent! Adding screen every Independent Bank the source of the loan EIDL Advance you may have received your. Must use one of the site to which you are a current Independent Bank, nor was Independent 's! Re here to support a community is to empower them is through a quality education, greatest! General Questions WHAT is the Paycheck Protection Pro… Independent Bank is committed to our! The sale of your name or leak your identity Bank will tell you they ’ re,... Formed in 1974, the greatest equalizer of our time a result of a lawsuit filed by news organizations obtain... Sba Program called the Paycheck Protection Program loans for 1099-MISC Independent contractors qualify as well account! Ppp Second Draw PPP loan amount exceeds $ 150,000 you must use one of the site to you. Past 20 years, i have worked with local non- profit organizations on! Support your independent bank ppp so that you can make sure your loan or line of credit can be to... Personalization will not be transferred to any other source certifications on the round... Result of a lawsuit filed by news organizations to obtain independent bank ppp information through the of. Located in the Cooper Young neighborhood, and we focus on serving beer! Regional institutions in the Memphis community control over their healthcare with Independent Bank deposit account,! 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