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First Oklahoma Bank
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PPP Forgiveness

Please Note: At this time we are only taking PPP forgiveness application for First Draw PPP loans funded in 2020.  
 
Click here for a letter from our CEO, Tom Bennett III, regarding the PPP Forgiveness process. (released 01.20.2021)

Click here for a guide to our Secure Document Portal.
 

Application Information

There are three different applications: 3508, 3508 EZ, and 3508S:
 
For customers with loans under $150,000, refer to the information below about the Form 3508-S.

3508S Application for borrowers who received a PPP loan of $150,000 or less. 


Forgiveness Information & Resources


Click here for the entire Interim Final Rules document as amended by the Economic Aid Act.
 
Click here for a Procedural Notice from the SBA regarding Loan Forgiveness Application resubmission. (Released 01.15.21)

Click here for a Procedural Notice from the SBA regarding excess loan amounts. (Released 01.15.21)

Click here for a helpful article from CNBC. (Released 12.10.2020)
 
Click here for an article about key PPP issues from the Journal of Accountancy.
 
Click here for a helpful article from the Journal of Accountancy.
If you already have a PPP loan with First Oklahoma Bank and would like to contact our PPP team, submit your information by clicking the button below. You can also call our PPP team at 918-392-2593.


If you are looking for information about the new PPP loans (i.e. the Second Draw), click here.

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