PPP Program Information
UPDATED: Wednesday, January 13, 2021
The Second Draw program is for any small business with less than 300 employees (subject to limited exceptions) including corporations, sole proprietors independent contractors and self-employed persons, various non-profit organizations and Tribal businesses affected by coronavirus/COVID-19. Please consult the SBA guidelines to see if your specific business type qualifies.
Status on our acceptance of new applications may be obtained by contacting us at 1-800-837-2265 or by contacting your current Relationship Manager. Please continue to also visit us here for new updates.
Please remember that the program may be modified since this was published, and the most recent information can be found at www.sba.gov.
PPP Forgiveness Information
UPDATED: Wednesday, September 30, 2020
We are pleased to inform you that the AmeriServ PPP Forgiveness Platform is now live and ready to accept forgiveness applications. We have worked to create an easy-to-use online portal, however, there are a few things you should do before proceeding with your forgiveness application:
- We encourage you to visit the US Treasury website to ensure you have the documents required and get the latest information on the process.
- Gather all of your support documents and calculate your numbers before beginning the forgiveness application.
- Take a few minutes to view the videos provided (below) to help you navigate the forgiveness platform.
SPECIAL NOTE: When authenticating yourself during the login process, please use the following:
- Business E-Mail of the individual signing on behalf of the company
- Borrower Tax Identification Number of the business
- Original PPP Loan Amount as it is listed on your business loan documents
Ready to Get Started?Access Forgiveness Platform
The information on this page is for general awareness purposes, and is based upon Small Business Administration (SBA) guidance released as of April 29, 2020. The program and its requirements are subject to change based upon additional SBA guidance. You should consult with your attorney, financial advisor, tax professional, or the Small Business Administration for guidance on specific questions you may have related to any loan obtained through the Paycheck Protection Program (PPP).
All applications are subject to review for verification of eligibility to participate in the Small Business Administration (SBA) Paycheck Protection Program (Program). All applications submitted are not complete until approved by AmeriServ and accepted by the SBA. Funds for the Program are available on a first come, first served basis, and AmeriServ cannot guarantee the timing of the submission of your loan to the SBA or that your loan will be approved by AmeriServ or accepted by the SBA. AmeriServ is not responsible for any false or misleading information provided by an applicant in any application for relief under the Program.