Click here for the latest press release from the SBA announcing "Simpler PPP Forgiveness for loans of $50,000 or less". (Released 10.08.2020)
Current First Oklahoma Bank PPP Loan customers:
Please note that although we are providing downloadable, fillable versions of the Forgiveness Application, you will not be able to submit the completed application until your FOB lender has requested your documentation via our secure Customer Portal. Your lender will be in touch with you over the next few weeks to discuss the Forgiveness process.
There are three different applications with corresponding instructions:
EZ Application *See instructions to determine if you qualify for the EZ form.
For customers with loans under $50,000, refer to the information below about the Form 3508-S.
3508S Application for borrowers who received a PPP loan of $50,000 or less.
3508S Application Instructions
Click here for the latest FAQs on PPP Loan Forgiveness released by the SBA with the guidance of the Treasury. (Released 08.11.2020)
Click here for a helpful article from the Journal of Accountancy.
Click here for the latest PPP Summary from the SBA. (Updated 08.11.2020)
Click here for a comprehensive timeline of important regulatory announcements and information regarding the PPP. (Updated 10.09.2020)