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Heritage Southeast Bank and our Partner Banks -- Heritage Bank, Providence Bank, and The Heritage Bank -- are committed to your company’s success. We are proud to participate in the new round of $284 billion in Paycheck Protection Program (PPP) loans that the U.S. Congress signed into law on Dec. 27, 2020 via the Consolidated Appropriations Act. Our team members will offer the highest levels of service, commitment, and urgency to our clients who wish to apply for a loan via this program.
We will open our PPP processing platform in the next few days once we have additional guidance from the U.S. Small Business Administration (SBA). We will accept loan requests from existing customers who are making a second draw and meet the 25% decrease in revenue qualifier as mandated by the SBA. For customers applying for a PPP loan for the first time, we will provide additional details about what is needed.
Help Us Help You: What to Gather to Participate in PPP Loan Process
To ensure you are prepared to participate in this coming round, we urge you to complete the following items in the coming days:
First-time PPP loans:
Second draw PPP loans:
Please contact your lender with any questions. You may also visit the SBA website for information on forgiveness and repayment provisions.
Thank you for trusting us as your community bank. We value our customers and are committed to helping you navigate these loan processes.
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