Merrimack County Savings Bank is grateful to have been able to help support you and your business with a Payroll Protection Program (PPP) loan as offered through the CARES Act, and implemented by the Small Business Administration (SBA). Our goal is to do all that we can to assist you through the impact of the current pandemic.
We understand that you are likely looking for guidance in regards to the requirements necessary to ensure forgiveness on your loan. However, the SBA has not yet issued its final guidance in regards to loan forgiveness for PPP borrowers. We will be sure to communicate the procedures outlining the application process for PPP loan forgiveness as soon as the procedures have been issued by the SBA.
The best information that we can offer to you at this time is included on our website in the COVID19 news section and the PPP loan webpage. We will continue to keep both updated as we learn new information, and will ultimately reach out again by email when we have complete final guidance from the SBA.
Thank you for your business and for your patience at this time. We are all in this together.