Resources from Hanover Bank

PPP Forgiveness Instructions and Application Training

 

Resources for Application Speed and Accuracy

Maximize Your Paycheck Protection Program
Forgiveness Amount

 

The goal of the Small Business Administration's (SBA) Paycheck Protection Program (PPP) has been to assist owners and employees at small businesses like yours to survive the impacts of the COVID-19 pandemic.

Borrowers can apply for loan forgiveness any time before the maturity date of their loan. However, loan payments are deferred only until 10 months after the last day of the borrower’s loan forgiveness covered period.

 

Save Time in the Forgiveness Process

Hanover Bank has gathered resources on document collection, form submissions, and timelines in order to help you complete your application quickly and accurately. We aim to support the long-term success of your business.

This resource page is based on the latest guidance provided by the SBA and Treasury. This guidance may be updated and we commit to providing changes as released. There may be a short time in which our resources/videos are not updated for new SBA guidance and/or general updates to the software.

 

From the Treasury, SBA, and more

Resources

Note that some resources listed below will open up tabs to external sources.

Don't have a PDF reader? Access one here.

The SBA is offering help with forgiveness applications through many of their SBA district offices, Small Business Development Centers and SCORE Business Mentor programs. Contact the SBA District Office for your zip code.

 

PPP Forgiveness Application Guide Videos

The following videos can be used as a helpful guide as you fill out your application in the Abrigo platform. These videos will walk you through accessing your application, filling out your application, inputting the required fields for the forgiveness calculation, and understanding how the calculation is working within the software.

 

Forgiveness Requirements

Supporting Documentation

DOCUMENTATION TO GATHER BEFORE YOU BEGIN

 
 
 
 
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PPP Software

Accessing the Application and Starting Form 3508

LEARN ABOUT HOW TO GET STARTED

 
 
 
 
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S Form

LEARN ABOUT HOW TO FILL OUT THE S FORM

 
 
 
 
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EZ Form

LEARN ABOUT HOW TO FILL OUT THE EZ FORM

 
 
 
 
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Form 3508 Details

LEARN ABOUT FTE REDUCTIONS, SCHEDULE A, NON-PAYROLL – MANUAL INPUT

 
 
 
 
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Calculation Spreadsheet

LEARN ABOUT THE CALCULATION SPREADSHEET

 
 
 
 
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Uploading the Spreadsheet and Completing Form 3508

LEARN ABOUT FINAL STEPS WITH 3508

 
 
 
 
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Still have questions? 

Contact Hanover Bank for additional help.