Paycheck Protection Program (PPP) Loan Information: If your business received a PPP loan through Commerce Bank, you will be notified in the coming weeks with instructions to initiate a digital application for loan forgiveness. See more information.
Key points regarding loan eligibility, features and terms.Get details on the Requirements Overview
Review business size and industry NAICS code standards that qualify a business for SBA programs.Get details on SBA Business Size Standards
In addition to PPP, learn more about Disaster Assistance options directly through the SBA.Get details on SBA Disaster Loans
Frequently asked questions answered by the SBA and U.S. Department of Treasury.Get details on the Treasury Department FAQs
In order to apply for PPP loan forgiveness, you must apply with the bank or financial organization that assisted with your PPP loan no later than 10 months after the end of your covered period. If your business received a PPP loan through Commerce Bank, you will be notified when you may initiate a digital application for loan forgiveness.
Even though the Small Business Administration (SBA) opened their PPP forgiveness portal on August 10th, there are additional points to consider regarding the timing of submitting applications:
In order to streamline the loan forgiveness process, please verify your contact information.
To prepare for loan forgiveness, please view our additional resources to help you through the application process.
This information is based on current available information and is subject to change, based on continued SBA guidance. Be sure to check this site regularly as we will provide updates as they become available.
Get prepared for your PPP Loan Forgiveness application with Commerce Bank.Get details about the PPP Loan Forgiveness Application
This form is to be used by Commerce Bank’s PPP borrowers who meet certain criteria.Get details about the PPP EZ Loan Forgiveness Application
View the SBA instructions on how to work through your loan forgiveness application.Get details on the PPP Loan Forgiveness Application Instructions
If your business qualifies to use the EZ Form, view the SBA instructions on how to work through this loan forgiveness application.Get details on the PPP EZ Loan Forgiveness Application Instructions
Gather these documents needed to accompany your application for PPP loan forgiveness.Get details on the PPP Loan Forgiveness Documentation Checklist
The latest Small Business Administration (SBA) guidance on loan forgiveness.Get details about the Loan Forgiveness FAQs