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ATTENTION SBA PPP Loan Customers: SBA PPP Loan Customers: The Small Business Administration has announced plans to unveil a revised, borrower-friendly Paycheck Protection Program loan forgiveness application process. South Central Bank will notify you of the process to apply for loan forgiveness as soon as possible. Updated forms have been released by the SBA today and we will have an electronic method for our PPP borrowers to apply for forgiveness. The revised law allows an extension of time to use the PPP loan funds for payroll or other acceptable uses until 12/31/20, or the original 8 weeks from loan approval if that is preferable. More information to follow.

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