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All bank locations will be closing at noon on Tuesday, December 24, and will be closed on Wednesday, December 25. Locations will resume normal business hours on Thursday, December 26.

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SBA PPP Loan Forgiveness Portal

The U.S. Small Business Administration (SBA) has made available the SBA PPP Direct Forgiveness Portal.

The portal provides a streamlined process to automatically submit your forgiveness request to your lender.

Austin Bank encourages all of its PPP customers with a loan amount of $150,000 or less to use the portal to apply for forgiveness.  The process is simpler for the borrower and more time efficient.

Click here to access the portal:  https://directforgiveness.sba.gov/

Access the User Guide for step-by-step instructions here.

You may contact the SBA's PPP Direct Forgiveness Hotline at 1-877-552-2692.

If you have additional questions, please contact your Relationship Manager.

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