P: 517.244.9361, Monday - Friday  9:00 am - 6:00 pmSaturday  9:00 am - 2:00 pm, A: 201 N. Mitchell St., Suite 104 Cadillac, MI 49601 Peoples Independent Bank reserves the right to request further documentation, as needed, to aid in obtaining the maximum amount of forgiveness possible with each application. And I am Independent. Independent contractors and self-employed individuals that have … First Horizon Bank and IBERIABANK, a division of First Horizon Bank, will continue to offer independent product lines for a period of time. Divide this total by 12 to find your average monthly net profit. P: 989.777.1661, Monday - Thursday  8:30 am - 5:00 pmFriday  8:30 am - 6:00 pm Saturday  9:00 am - 1:00 pm, A: 4850 Bay Road Saginaw, MI 48604 If you received a first-round PPP loan from us, … B. P: 231.942.7156, A: 319 E. Broadway Mt. Recent legislation has eliminated the original requirement to deduct the amount of EIDL Advance you may have received from your PPP loan forgiveness. Independent Bank supports the growth of businesses in its local communities through SBA lending. Independent Bank is now accepting applications for Second Draw PPP Loans until March 31, 2021. Hola, We’re Ponce Bank. When the pandemic began, Community First Bank climbed aboard the rollercoaster that was the Paycheck Protection Program (PPP), held on to reach new heights and emerged stronger than ever. Please exercise extreme caution if you receive marketing solicitations to assist you with your PPP loan or PPP forgiveness, and be on the lookout for other phishing and fraud attempts. You are now leaving the Independent Bank website. The Small Business Administration (SBA) is currently processing Paycheck Protection Program (PPP) loan forgiveness applications. Peoples Independent Bank … Independence Bank offers a wide range of services for your personal banking needs, such as free checking and savings, as well as online banking. Borrowers can apply for forgiveness any time up to the maturity date of the loan. First Draw PPP Loans made to eligible borrowers qualify for full loan forgiveness if during the 8- to 24-week covered period following loan disbursement: Second Draw PPP Loans made to eligible borrowers qualify for full loan forgiveness if during the 8 to 24 week covered period following loan disbursement: A borrower can apply for forgiveness once all loan proceeds for which the borrower is requesting forgiveness have been used. Also, consult with your bank or an authorized PPP lender as soon as possible to understand their particular process. P: 269.763.9424, A: 32800 Southfield Road Beverly Hills, MI 48025 I served on my condo board, I’m active in my neighborhood and I help out my neighbors. Sole Proprietorships, Independent Contractors, & Single Member LLCs. I moved to Memphis to pursue my lifelong dream of owning a local brew pub. PPP is targeted at small businesses, which generally means entities that have 500 or fewer employees. The PPP is an SBA loan that helps businesses keep their workforce employed during the COVID-19 crisis. I firmly believe that the best way to support a community is to empower and support the most disenfranchised members. P: 231.937.4374, Monday - Thursday  9:00 am - 4:00 pm Friday  9:00 am - 5:00 pmSaturday  9:00 am - 12:00 pm, A: 2551 S. State St. Ionia, MI 48846 Enter in the desired bookmark name and directly copy/ paste the above URL. Competitive rates for the purchase, refinance, or construction of commercial properties; Available for owner-occupied or investment properties This may include differing underwriting guidelines, product features, terms, fees, and pricing. Independent contractors receiving 1099-MISC forms and self-employed individuals are eligible to apply for these potentially 100% forgivable loans beginning on April 10, 2020. 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