Payroll Protection Program Loan
The Paycheck Protection Program is currently closed for new applications, but Vision Bank is accepting PPP Loan Forgiveness Applications through the borrower specific portal link. Emails have been sent to borrowers with the link to their Loan Forgiveness portal; however, a new portal request can be made by emailing our PPP loan team at firstname.lastname@example.org
Forgiveness Portal Submissions
Forgiveness portal links have been emailed to all customers who received a PPP loan. If you did not receive your email or would like us to resend it to you, you may request a new link to your portal by emailing email@example.com.
You must submit your forgiveness portal no later than 10 months following the last day of your covered period to avoid your PPP loan being moved into monthly payments.
The following instructions will help you as you fill out your forgiveness portal. Please note that the instructions are specific to each form. If your loan is less that $150,000, you will submit a Form 3508S. All other borrowers will fill out a Form 3508EZ depending on if certain criteria is met.
SBA Disaster Loan Assistance
In response to the Coronavirus (COVID-19) pandemic, small business owners in all U.S. states, Washington D.C., and territories are eligible to apply for an Economic Injury Disaster Loan advance of up to $10,000.
The SBA's Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. The loan advance will provide economic relief to businesses that are currently experiencing a temporary loss of revenue. Funds will be made available within three days of a successful application, and this loan advance will not have to be repaid.
If you have questions or need assistance with your loan payments? Contact one of our loan officers to discuss your options. We are here to help!
Tools for Understanding and Checking Credit Reports
As you make financial decisions in tough times, it is important to understand how credit works and how your credit report can affect your choices. Your credit history can impact your ability to get a loan and how much you will be charged. It can also affect your ability to get a job or to find housing.
If you see incorrect information in your credit report, use our Disputing errors
tool. Errors can appear due to a mistake in the information provided about you or as the result of fraud or identity theft.
If you or others experience a problem with a financial product or service, you can submit a complaint with the CFPB.