PPP Loan Forgiveness

Submit your application for Paycheck Protection Program Loan Forgiveness - the process is easy.

Two entrepreneurs stand outside a business.

Forgiveness Details

The CARES Act was enacted to provide immediate assistance to individuals, families, and organizations affected by the COVID-19 pandemic. Among the provisions contained in the CARES Act are those authorizing SBA to temporarily guarantee loans under the Paycheck Protection Program (PPP). Loans under the PPP will be 100% guaranteed by SBA, and the full principal amount of the loans may qualify for loan forgiveness.

The lender has 60 days from receipt of a complete application to issue a decision to SBA.

SBA will, subject to any SBA review of the borrower's loan(s) or loan application(s), remit the appropriate forgiveness amount to the lender, plus any interest accrued through the date of payment, not later than 90 days after the lender issues its decision to SBA.

Helpful Tips

  • When filling out the application, please refer to the PPP Loan Note that you DocuSigned when you received your loan with Arbor Financial for important information.
  • The SBA PPP Loan number is the SAME as the Lender PPP Loan number.
  • Please keep in mind that we have 60 days from receipt of a complete application to issue a decision to SBA.
  • For an application walk-through, watch the video below:




Forgiveness Application

The application process has two steps:

1. Fill out the application.

SBA Form 3508S Paycheck Protection Program Forgiveness Application


2. Once you have completed the application, please use our Secure File Upload to upload the documents by clicking the button below.

IMPORTANT: Choose PPPLoanForgiveness@arborfcu.org from the "To" drop-down menu.

Secure File Upload


Due to the volume of loans we are processing and our desire to help as many small businesses as possible survive and thrive in these difficult times, we ask that our borrowers direct all questions about forgiveness eligibility to their financial professional - your CPA, attorney, bookkeeper, etc. Thank you for your understanding.