Paycheck Protection Program Funds
At this time, all PPP funds have been exhausted. Atlantic has helped hundreds of Maine businesses get access to PPP funds. We are still accepting applications for PPP Loan Forgiveness. Borrowers have up to ten months after their covered period to apply for PPP Loan Forgiveness. During this period, the loans will remain in deferment. For a complete list of Forgiveness Applications and resources, see details below.
Paycheck Protection Program Loan Forgiveness Application
Please reference the Borrower Forgiveness Information Guide to determine the forms you need. SBA has issued an alternative Loan Forgiveness Application, SBA Form 3508S, for use by PPP borrowers applying for loan forgiveness on PPP loans with a total loan amount of $150,000 or less, except for those borrowers that together with their affiliates received loans totaling $2 million or greater.
- Frequently Asked Questions
- PPP Application - Form 3508S (For loans less than $150,000)
- PPP Application - Short Form 3508EZ
- PPP Application - Long Form 3508
If you have questions or would like to submit your Forgiveness Application complete with supporting documentation, please email [email protected]
SBA Direct Forgiveness is Live
Borrowers may elect to utilize the SBA Direct Forgiveness Platform to submit Forgiveness requests. If you are ready to submit your full Forgiveness Application with supporting documents, you may do so here. If you have questions, or an incomplete package, please contact Atlantic at [email protected]
PPP Additional Resources
The CARES Act Provides Assistance to Small Businesses | U.S. Department of the Treasury
Paycheck Protection Program (sba.gov)