Paycheck Protection Program Loans

Page updated 5/11/2021

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PPP Update

As of May 4th, Paycheck Protection Program funding has been exhausted and the SBA is no longer accepting applications for loans from most institutions, including Fidelity Bank. Specially designated institutions (CDFI, MDI, and CFIs) may still be able to assist applicants, to find a possible lender you can go to www.sba.gov/ppp and search.

Fidelity Bank is here for you.

Paycheck Protection Program Application & Forgiveness Information

Fidelity Bank cares deeply about the health and well-being of our area businesses and communities during these unprecedented conditions we are experiencing together. Our unique, caring LifeDesign Banking approach is focused on helping you get the clarity you need to move forward with confidence.

Please see below for further instructions and resources program.

Connect with Us

If you have any questions please reach out to our CARES Act Support Team at:

PPP Instructions and Resources

Loan Forgiveness

Fidelity Bank Forgiveness Application Portal is open for current borrowers to complete their First Draw Paycheck Protection Program forgiveness process. Note that if you intend to apply for a Second Draw PPP Loan, the forgiveness process will be separate for each loan.

You do not need to have forgiveness on your First Draw loan in order to apply for the Second, but we encourage you to start your forgiveness as soon as you are able.

Forgiveness Portal Guide

In the PDF link below you’ll find information that will help guide you through using the portal as efficiently and effectively as possible.

Guide for Using the Forgiveness Portal

New Borrowers

NOTICE: As of 5/4 we are no longer accepting new applications. Please use this form to provide your contact information and we will contact you in the event more funds are appropriated. 

If you are not a current business client of Fidelity Bank and would like to begin the process of applying for a PPP loan, please fill out our short inquiry form. Once complete, our CARES Act Support Team will get back to you by email to provide guidance about next steps.

Resources

For your convenience, we’ve compiled the following resources directly from the Small Business Administration (SBA). All pertinent information on First Draw, Second Draw, and Loan Forgiveness is outlined here.

Please note, all information provided on PPP is for planning and informational purposes only and is based on the most current information we have from the SBA, which is subject to change. Information provided is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.

Have Questions? Let's Talk.