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Last Updated: 01/14/2021 12:00 p.m.
Our NBT Bank PPP Loan Application is now ready by logging into your Business Online Banking account.
On December 27, 2020 the "Consolidated Appropriation Act, 2021" was signed into law and includes changes to PPP and other SBA programs. As part of the coronavirus relief package, Congress has allocated an additional $284.45 billion for the PPP and extends the PPP through March 31, 2021.
We are excited to inform you that we have launched a new portal to streamline the process of applying for new PPP funds. Learn more about this new funding below.
Our PPP application is available within our NBT Business Online Banking platform. Please be sure you’re taking the proper steps to prepare for your application as there are limited funds available.
Date Posted: 01/13/2021
NBT Bank is preparing for the next round of PPP loans and we anticipate many of our customers will qualify for funding. This program is open to new and current PPP customers in our footprint.*
Businesses that did not receive a PPP Loan in 2020
Businesses need to provide documentation based on business type.
Self-employed with NO employees
Self-employed with employees
Partnerships with NO non-owner employees
Partnerships with non-owner employees
Corporations (C & S)
Non-profit Organizations
LLC
Businesses that did receive a PPP Loan in 2020
The legislation allows for the following expenses to be forgivable:
Businesses need to provide documentation based on business type.
*Please note that we are only accepting PPP Loans within our footprint. Please click here to find our branch locations. Our branches are located in New York, Pennsylvania, Massachusetts, New Hampshire, Maine, Connecticut and Vermont.
Note to Agents:
NBT Bank is not working with third-party agents on PPP loans. NBT Bank will work directly with our customers on the entire PPP loan program. NBT Bank will not pay fees to any individual or firm claiming to be a customer’s agent in connection with the origination and forgiveness of a PPP loan.
We will be updating this page as new regulations are released by the SBA. Please check back for updates!
For additional questions, please contact your NBT Banker, local branch or our Business Support Center at 1-833-628-4BIZ (4249) or [email protected].
For additional information visit SBA.gov and Treasury.gov.