PPP Loan Forgiveness
On May 15th, the US Department of Treasury and the SBA released the PPP Debt Forgiveness application.
Please note, that on June 16th the US Department of Treasury released an update to the original application and a streamlined version of the application. We strongly recommend working with your CPA and tax advisor for guidance and help with gathering the documents necessary to complete the application.
Click the links below to access the PPP Debt Forgiveness application and additional information regarding the PPP Debt Forgiveness process
November 18th - Press Release: Treasury and IRS Issue Guidance Clarifying the Deductibility of Expenses Where a Business Received a PPP Loan
How to Apply - Loan Forgiveness
|1. Check the US Department of Treasury's website for Loan Forgiveness FAQs||2. View Loan Forgiveness Instructions|
|3. Complete the application*||4. Submit your completed application to the Star Bank representative you've been working with**|
||Email Us with Questions|
*Please note that information regarding the PPP is constantly changing. We will do our best to bring you the most up-to-date information. Please check the US Department of Treasury's website for all the current information. **To safeguard your information, always send your documents securely. If you're unable to send a secure email, please send your documents in the mail or drop them off in the drive-thru or night-drop.