PPP Loan Forgiveness


Total Funded Loan Amount: $167,606,302


Total Funded Loans: 2,063  


75% to New Clients


$92 Smallest Loan

At Vista Bank, we understand forgiveness for your First Round 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. 

Please note that if your loan was under $150,000, the recent legislation should greatly simplify your application process.  The SBA is expected to release the simplified forgiveness application any day now. If you are a Vista Bank PPP client, watch your email for further instructions. 

If you have any PPP forgiveness questions, feel free to reach out to your nearest Vista location or email us at PPPforgiveness@vistabank.com and one of our forgiveness experts will assist you in navigating the process. 


On December 27, 2020, President Trump signed into law a $900B COVID-19 relief bill, allocating $284 billion for First and Second Draw forgivable Paycheck Protection Program loans and making several simplifications to the program. See what's different about this round of PPP in this NBC story and find even more clarification in this helpful resource.

Currently, banks our size start processing the next round of PPP applications through the SBA on Tuesday, January 19, 2020.

Regretfully, due to overwhelming demand, we at Vista Bank are focusing on assisting current clients with First and Second Draw PPP Loan applications at this time. Given our commitment to entrepreneurs, small businesses, and the communities we all serve, and because funding for this program is currently capped, if you are not an existing client of Vista Bank, we recommend you contact your primary bank or other participating financial institutions for assistance. If you are a current client, please contact your Vista loan officer directly or your nearest Vista location


The December 27th bill also clarified that businesses that received PPP loans would be able to take tax deductions for the expenses covered by forgiven loans. See your accountant for clarification on how this impacts your business.


The latest bill repeals the EIDL Advance Deduction that had required PPP borrowers to deduct the amount of their EIDL Advance from their PPP forgiveness amount and establishes that EIDL Advance borrowers should be made whole without regard to whether those borrowers are eligible for PPP forgiveness.

It also includes an additional $20 billion for new Economic Injury Disaster Loans. Interested businesses must apply for these loans directly with the SBA as they did prior.


As a reminder, in response to a Wall Street Journal filing under the Freedom of Information Act, a judge ruled that the SBA must release detailed information for all PPP loans, including borrower's names, addresses, and precise loan amounts. The story can be found here

Please be aware that with your information now public, you are more vulnerable to fraudsters and remain diligent in order to protect yourself and your business.  

Protect Yourself and Your Business From Fraud:

Times like this bring out the very best in people. Unfortunately, they also bring out bad individuals, looking to take advantage of others. With emotional and digital vulnerabilities, fraud and hacking are on the rise.

Specifically, bad players are targeting COVID-19 relief programs and recipients. 

Please take cybersecurity threats seriously by reading and earmarking our Fraud Resource Center as well as other resources at your disposal. 

The information contained in this page is based on laws, rules, regulations, and related guidance with respect to the Paycheck Protection Program, including guidance issued by the U.S. Small Business Administration (SBA). We will periodically update this information, so please check back often. 

In the event of any discrepancies between the information on this site and the SBA’s site, please follow official SBA guidance.

I can’t tell you how much I appreciate all your hard work and what you have done for my employees. You guys have been so great to work with.  I will never forget what you all have done for us.

- John