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Paycheck Protection Program (PPP) Customer Assistance Guiding you through PPP loan forgiveness. Please enter your first name below. And I am Independent. P: 989.799.0070, Monday - Thursday  9:00 am - 6:00 pmFriday  9:00 am - 7:00 pmSaturday  9:00 am - 2:00 pmSunday  10:00 am - 1:00 pm, A: 3601 State St. Saginaw, MI 48602 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. The PPP limits total annual net earnings to $100,000. The Paycheck Protection Program (PPP) is a federal relief program established by Congress and implemented by the U.S. Treasury Department and the Small Business Administration (SBA) with rules, requirements, protocols and processes that all participating lenders, including Bank of America, must follow. Loans issued prior to June 5, 2020 have a maturity of two years. Proof of insurance for your loan or line of credit can be sent to verifymycoverage@i-bankonline.com or faxed to 1-866-558-6359. P: 517.203.3800, Monday - Thursday  9:00 am - 6:00 pmFriday  9:00 am - 6:00 pmSaturday  9:00 am - 2:00 pm, A: 2900 West Road East Lansing, MI 48823 I am a craft brewer. Independent Bank is honored to support local businesses, especially during these trying times. Try installing the Adobe Acrobat Reader plugin. Every bank will tell you they’re different, but at Independent Bank, we know that YOU are. We help you discover what financial independence means to you. PPP 2.0 Summary. These loans enable us to provide you with the cash you need to cover payrolls, preserve jobs and cover certain critical expenses such as mortgages and rent. SBA is reopening the Paycheck Protection … PPP is targeted at small businesses, which generally means entities that have 500 or fewer employees. 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. Loan payments will be deferred for borrowers who apply for loan forgiveness until SBA remits the borrower's loan forgiveness amount to the lender. P: 231.995.5540, Monday - Friday  9:00 am - 5:30 pmSaturday  9:00 am - 12:00 pm, A: 333 W. Grandview Parkway Traverse City, MI 49684 P: 989.872.2105, Monday - Thursday  9:00 am - 4:30 pmFriday  9:00 am - 5:30 pmSaturday  9:00 am - 12:00 pm, A: 4115 17 Mile Road Cedar Springs, MI 49319 P: 248.689.1200, A: 201 W. Big Beaver Rd., Suite 201 Troy, MI 48084 PPP IN INFRASTRUCTURE RESOURCE CENTER FOR CONTRACTS, LAWS AND REGULATIONS (PPPIRC) ... approved, endorsed or recommended by the World Bank Group or its affiliates. 3508S I. NSTRUCTIONS FOR . PPP L. OAN . Peoples Independent Bank … These loans enable us to provide you with the cash you need to cover payrolls, … Independent Bank is now accepting applications for Second Draw PPP Loans until March 31, 2021. For sole proprietors, independent contractors or other one person operations, the maximum possible PPP loan is $20,833. PPP now allows certain eligible borrowers that previously received a PPP loan to apply for a Second Draw PPP Loan. Overall, I'm … P: 517.543.4994, Monday - Friday  9:00 am - 5:00 pm Saturday  9:00 am - 1:00 pm, Monday - Friday  9:00 am - 5:00 pmSaturday  9:00 am - 1:00 pm, A: 3500 W. Vienna Road Clio, MI 48420 Skip to content For banking operation updates by location and PPP information P: 517.324.7400, A: 2461 S. 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