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Get Your Funds Fast!

WHETHER IT'S YOUR FIRST TIME APPLYING FOR THE PP OR YOU WANT A SECOND DRAW, WE ARE READY TO HELP. NEW BANK CLIENTS WELCOME.

The first time I appliced for a PPP at my previous bank, there was no way to ask question or get clarification. Now I am a Bank of George customer and it was very easy to apply. My questions were quickly answered by a real person, right away, not weeks later! What a Relief!

Maria Bailey

PAYCHECK PROTECTION PROGRAM FIRST DRAW LOANS

Loan amounts available under the Paycheck Protection Program will be determined based on 2.5 times your average monthly payroll, within a maximum loan amount of $10 million. 

Please use the application, checklist, and calculation worksheet provided in the links below to completely your PPP package for Bank of George.

Application Form

PPP Borrower Document Checklist     Loan Calculator Worksheet

Please refer to the SBA website with any questions. 

PAYCHECK PROTECTION PROGRAM SECOND DRAW LOANS

The economic Aid Act allows certain smaller businesses who received a PPP loan and experienced a 25% reduction in gross reciepts to take a PPP Second Draw Loan of up to $2 million. 

  • Employ no more than 300 employeers per physical location, 
  • Have used or will use the full amount of their first PPP loan, and
  • Demonstrate at least a 25% reduction in gross reciepts in the first, second, or third quarter on 2020 relative to the same 2019 quarter. Applications submitted on or after Jan. 1, 2021, are eligible to utilize the gross receipts from the fourth quarter of 2020. 

Please use the application, checklist, and calculation worksheet provided in the links below to complete your PPP package for Bank of George

Application Form

PPP Borrower Document Checklist     Loan Calculator Worksheet

Please refer to the SBA website with any questions.