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COVID-19 Small Business Relief

COVID 19 small business relief paycheck protection program
 
IMPORTANT UPDATE:

The new 3508S Forgiveness Application is now available for borrowers who received a PPP Loan of $150,000 or less!

 

SBA Paycheck Protection Program
The SBA and Treasury Department have announced that the Paycheck Protection Program (PPP) will reopen during the week of January 11, 2021 for new borrowers and certain existing PPP borrowers.
Read SBA News Release
 
Hoosier Heartland State Bank is currently accepting applications in our queue for the second round of the Paycheck Protection Program (PPP):

 

  • First Draw Loans

First Draw Paycheck Protection Program (PPP) Loans can be used to help fund payroll costs, including benefits. Funds can also be used to pay for mortgage interest, rent, utilities, worker protection costs related to COVID-19, uninsured property damage costs caused by looting or vandalism during 2020, and certain supplier costs and expenses for operations.  Click here for Forgiveness Terms

Download the Borrower Application Form

  • Second Draw Loans

The Paycheck Protection Program (PPP) now allows certain eligible borrowers that previously received a PPP loan to apply for a Second Draw PPP Loan with the same general loan terms as their First Draw PPP Loan.  Second Draw PPP Loans can be used to help fund payroll costs, including benefits.  Funds can also be used to pay for mortgage interest, rent, utilities, worker protection costs related to COVID-19, uninsured property damage costs caused by looting or vandalism during 2020, and certain supplier costs and expenses for operations.  Click here for Forgiveness Terms

Download the Second Draw Borrower Application Form

Click below to upload your loan application and supporting documents:

 
 
PPP First Round Loan Forgiveness

We are still accepting Loan Forgiveness applications for the first round of PPP loans in April and May 2020. If you received funding but haven’t submitted for forgiveness, please complete a Loan Forgiveness application before you apply for the second round of funding.

The new 3508S Forgiveness Application is now available for borrowers who received a PPP Loan of $150,000 or less!

Click the links below to determine which forgiveness application you should download and submit to our queue for processing:

3508S Application 
Form EZ Application 
Long Form Application 
 

Click below to upload your loan forgiveness application and supporting documents:

 
 
Please continue to check this page for updates.  If you have any questions or need assistance, we are here for you!  Call 765-364-0784 or email  info@myhhsb.com, or contact our PPP team directly!
 
 
 
Donation to Montgomery County Community Foundation for Covid 19
 
Supporting Our Communities
At HHSB, we understand how important it is to support the people and organizations that make this community a great place to work and live. In April, we proudly donated $10,000 to the Montgomery County Community Foundation's COVID-19 Emergency Assistance Fund to assist our local non-profits with emergency relief in food, child care, and healthcare. We also donated $5,000 to our local food pantries to help them prepare for the upcoming holiday season.
 
We are committed to giving back 10% of our net income annually and continue to look for ways to impact our communities. Click here to let us know how we can help your organization!

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