PAYCHECK PROTECTION PROGRAM
APPLICATION PROCESS
Old West Federal Credit Union
Serving Eastern Oregon Residents Since 1957
Welcome!
In December 2020 Congress passed the Economic Aid Act, which includes provisions for a “re-launch” of the Paycheck Protection Program (PPP). Old West Federal Credit Union is now accepting Small Business Administration (SBA) PPP First Draw applications and Second Draw applications. When ready, please submit your PPP application and supporting documentation electronically to [email protected].
Please note the following:
PPP First Draw Application & Instructions (Form 2483, Revised 1-8-21)
https://www.sba.gov/document/sba-form--paycheck-protection-program-borrower-application-form
Highlights:
PPP Second Draw Application & Instructions (Form 2483-SD, Revised 1-8-21)
https://www.sba.gov/document/sba-form-2483-sd-ppp-second-draw-borrower-application-form
Highlights:
Supporting Documentation
Supporting documentation will be required for both First Draw and Second Draw PPP loans. Please refer to the instructions on your Form 2483 or Form 2483-SD application for specifics.
Additional Information
For comprehensive guide to the Paycheck Protection Program, please visit www.sba.gov/paycheckprotection or www.treasury.gov/CARES.
Please contact our PPP Loan Processing team with questions specific to our process. We may be reached at 541.278.6800 or [email protected].
Thanks for your continued support of OWFCU – we appreciate you!
Important Notice: Applicants are solely responsible for understanding and certifying that they meet the eligibility requirements for PPP loan approval. Additional loan terms, documentation requirements and restrictions may apply. The information on this web page is meant to be general in nature, for information purposes only and should not be used in place of personalized advice from a tax or legal advisor. OWFCU makes no representations, expressly or implied, regarding the information contained on this webpage.