At Vista Bank, we understand forgiveness for your Paycheck Protection Program (PPP) loan is a top priority for you and your business.
If you received your PPP loan from Vista Bank, you need to process your forgiveness application through us as well. You should have received a custom link to your application recently through the email you originally provided. If not, please contact SBAforgiveness@vistabank.com for assistance.
As you prepare to apply, please note that Supporting Revenue Reduction Documentation is required at the time of forgiveness. Documentation must adequately establish that your business experienced a revenue reduction of 25% or greater in 2020 relative to 2019 and may include relevant tax forms, such as annual tax forms, or, if appropriate tax forms are not available, quarterly financial statements or bank statements. Per updated guidance from the SBA, if the financial statements are not audited, you must sign and date the first page of the financial statement and initial all other pages, attesting to their accuracy.
Please note that if your loan was under $150,000, the recent legislation greatly simplified your application process. As of January 19, 2020, the following forgiveness materials were released by the SBA.
If you have any PPP forgiveness questions, feel free to reach out to your nearest Vista location or email us at SBAforgiveness@vistabank.com and one of our forgiveness experts will assist you in navigating the process.
