PAYROLL PROTECTION PROGRAM (PPP)
**PPP applications are no longer being accepted.
PPP Loan Forgiveness Online Portal
After Payroll Protection Program loan approval and proceeds disbursement, you may apply for forgiveness of repayment for the full or partial amount of your obligation. To make application for forgiveness, BCT has an online portal to make the process easier. The PPP Loan Forgiveness online application portal was made available July 6, 2020. To access the portal, each PPP customer will be emailed instructions from PPPHelp@mybct.com. The email includes instructions on how PPP customers will activate their online portal. If you did not receive an email, contact PPPHelp@mybct.com.
Other PPP Loan Forgiveness Information
Information regarding the recently passed HR 7010 that improves the terms and conditions of the PPP loan forgiveness process is available. See below for the most current information. This will be updated as new information is received. (Bookmarking this page is recommended)
** As mentioned in our Q & A Webinar, information listed below may change as the SBA and U.S. Treasury provide guidance and revisions to guidance. We are providing this information in a good faith effort to keep you informed and will update the information as quickly as is practical. For official information, see the SBA website at www.sba.gov.
For more information, contact our PPP Help Team at:
* Approved to offer SBA programs under SBA's Preferred Lender programs.