SBA Paycheck Protection Program

We are taking applications!

Norway Savings Bank is taking applications for the most-recent round of Paycheck Protection Program (PPP) loans, administered by the Small Business Administration (SBA). These loans are for businesses negatively impacted by the COVID-19 pandemic. The PPP application deadline is May 31, 2021, so if you are thinking of applying, we recommend that you start the process soon.

Norway Savings provides its customers with a personalized electronic application form, which will streamline the process.

When you are ready to begin the application process, please email your business name, email address and phone number to PPP@norwaysavingsbank.com. We will email a personalized link to the application to you.

For your reference, this SBA web page keeps track of Program funds utilized.

Before applying, we encourage you to review this SBA website which provides links to the new PPP rules and other resources. There are application forms on the SBA site, but there is no need for you to complete them. Norway Savings Bank will only take PPP loan applications electronically with the links provided by us. No paper applications will be accepted. Please note: for best results, use the Google Chrome web browser when you are completing your application.

We created the videos below to help you through the application process.

 

 

 

 

 

Visit here for information on PPP Loan Forgiveness.