PPP Loan Forgiveness
Requesting PPP Loan Forgiveness
Frequently Asked Questions:
Can I request PPP loan forgiveness through Union Bank?
Yes, if you received a PPP loan from Union Bank you must request forgiveness of the PPP loan through Union Bank. If you received your PPP loan through another institution you will need to apply for forgiveness through that institution.
How do I apply for forgiveness?
Requests for PPP loan forgiveness must be submitted through the Union Bank® SBA PPP Forgiveness Portal. Our call center, branch bankers and relationship managers are unable to accept requests for PPP loan forgiveness. We encourage you to download and review our PPP Loan Forgiveness: User guide to become familiar with the process.
When can I apply for loan forgiveness?
We will notify you via email when it is time to access the Union Bank® SBA PPP Forgiveness Portal to submit your application. If you wish to apply for PPP loan forgiveness ahead of the possible passage of the Paycheck Protection Small Business Forgiveness Act, you may request access to the portal. Please keep in mind that if you have a PPP loan less than $150K and you choose to apply now, you may have to submit a second application if the Paycheck Protection Small Business Forgiveness Act.
Do I need to provide documentation to support my use of the funds?
Will I be guided through the process of uploading supporting documents?
Yes, you will receive guided instructions when you reach that point in the process. For additional guidance, we encourage you to download and review the Union Bank® SBA PPP Loan Forgiveness: User guide.
How do I sign my loan documents?