CARES Act

First PREMIER Bank

Paycheck Protection Program (PPP) Loans

Earlier this year, Congress appropriated nearly $660 billion through the CARES Act to assist small businesses, eligible organizations, and self-employed individuals amid the COVID-19 pandemic and economic downturn. Congress utilized financial institutions to distribute aid in the form of a forgivable loan program, referred to as the Paycheck Protection Program (PPP). Since its initial passage, the program has experienced several enhancements and modifications. For example, Congress passed the Paycheck Protection Program Flexibility Act in early June, which should result in a greater portion of PPP borrowers receiving full loan forgiveness.

If you are a PPP loan recipient, our team stands ready to process your forgiveness application when the time is right for you. For PPP loans of less than $50,000, First PREMIER Bank has developed the following PPP Loan Forgiveness Checklist. If your PPP loan exceeds $50,000, please utilize the following PPP Loan Forgiveness Checklist.

Below you will find links to the most current programmatic information and application forms. Thank you for the opportunity to serve you, your business and your employees.

PPP Forgiveness
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Applications, Conditions and Documents

  • For U.S. Department of Treasury PPP guidance, CLICK HERE
  • Paycheck Protections Program Loan Forgiveness Checklists, Instructions and Applications, CLICK HERE

 

For additional guidance related to PPP Forgiveness, contact your banker (visit the team page HERE) or one of our PPP specialists at 800-581-1304 between 8 a.m. and 5 p.m. CT Monday through Friday or email us at: pppforgiveness@firstpremier.com.

SBAExpress, 7(a) and More

Fund growth with short-or-long-term, fixed or variable rate, secured or unsecured loans with great rates and terms. Qualified businesses enjoy no minimums and no prepayment penalties on loan amounts up to $5 million. Speak to a loan officer for more information.

SBA 504 Loans

Great for businesses interested in purchasing commercial real estate, refinancing and/or extracting equity from owned real estate. Low down payments preserve working capital.  Available funds support operation and investment back into your business. Find out more today. 

Speak to a Loan Officer Today

We can help you navigate the complicated lending landscape, find competitive loan products and help you apply. Click below to contact a loan officer near you.

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Serving Small Businesses

 

  • Attorneys, Accountants
  • Construction Firms
  • Consulting Practices
  • Independent Contractors
  • Medical and Dental Practices
  • Manufacturers
  • Retailers
  • Service businesses
  • Restaurants
  • And more
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Disclosure

{1} SBA loans are backed by the U.S. Small Business Administration.

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