Updated 3/29/21

SBA Paycheck Protection Program – PPP 2021

The SBA Paycheck Protection Program was recently extended to May 31, 2021. Despite the extension of the program, no new applications will be accepted by DCU at this time. We are committed to assisting the existing applications in process and will continue to support those borrowers who are working through the forgiveness process.    

How Do I Apply for Forgiveness?

We are pleased to announce that we are now accepting forgiveness applications for Paycheck Protection Program (PPP) loans less than $150,000. We have attached the newly released form 3508S for loans under $150,000, but we also recommend reviewing the forgiveness application forms on the Treasury site to ensure you have the documents and information you need to complete the application.

Once you have completed your application, you have two options to submit your signed forms:

You will receive a confirmation email back from DirectionsPPP@gbq.com confirming receipt of your application.  Directions Credit Union has up to 60 days to make a recommendation to the SBA regarding forgiveness.

Please be sure that your spam filter does not block the DirectionsPPP@gbq.com address as this will be the email address that will contact you with follow-up requests or questions.

Quick Links

Click HERE  for more information on PPP Loan Forgiveness.