apply for forgiveness of your PPP Loan

Once you have secured your Payroll Protection Program funds, you will need to apply for loan forgiveness. The SBA has simplified the forgiveness process into one easy-to-use form with instructions included. If your loan amount is greater than $150,000, please contact us for forgiveness instructions.

Small Business Administrations FAQs

Form 3508D is a special form that some First Draw PPP borrowers may be required to submit in addition to their primary forgiveness application if certain government officials hold a controlling interest in their business.

3508S: Forgiveness Apply Now

 

Looking to apply for a first or second draw?

The second round of PPP Loan funding for First and Second Draws has ended, effective May 5, 2021. Please check back for updates. 

 

Infinity FCU is an established SBA Lender and has been recognized as Maine’s Leading SBA Credit Union Lender in 2018, 2019, and 2020. Our Business Services Team is prepared to be your trusted partner ensuring you have the tools you need to manage your business finances at this critical time. If you need assistance with your application or have questions, please contact our Business Services team at business@infinityfcu.com or (207) 854-6000 x4140.

Do you know another business owner who qualifies for a PPP Loan? Please share with them your experience with Infinity and ask them to contact our Business Services team for membership and application information!

*You qualify for membership at Infinity FCU if you live, work, worship or attend school in Cumberland and York Counties, or in the City of Bangor, Maine. In addition, immediate family or household members of current Infinity FCU members may also qualify for membership.