PPP Forgiveness

If you are a small business owner or non-profit and received a Paycheck Protection Program Loan, you may be eligible for loan forgiveness for a portion of, or the entire amount of the loan.

Simplified Application

The SBA has released another simplified version of the PPP Loan Forgiveness Application.  This version can only be used by businesses that received a loan of $50,000 or less.

Click here for the Simplified Application instructions.

If you qualify to use this form, please fully fill out the application, and provide us with the supporting documentation listed at the top of page three.

3508EZ Application

If your loan is greater than $50,000, please first review the instructions for the PPP Loan Forgiveness Application Form 3508EZ to see if you qualify to use it.

Click here for the 3508EZ instructions.

If you qualify to use this form, please fully fill out the application, and provide us with the supporting documentation listed at the top of page four of the instructions.

Non EZ Applications

If you do not qualify for the EZ application, please review the instructions for the PPP Loan Forgiveness Application Form.

Click here for the loan instructions.

Please fully fill out the application and provide us with the supporting documentation listed at the top of page 6 of the instructions.

Please be aware that after Clearwater Credit Union submits your application to the SBA, they have 90 days to remit the forgiveness payment or request additional information from the credit union.  When we receive the payment, we will apply it to your loan and notify you.

Thank you very much for your membership in Clearwater Credit Union. Please submit your forgiveness application to your loan officer and contact them if you have any questions.

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