Silicon Valley Bank recommends borrowers refer to the SBA.gov and Treasury.gov for additional information, as forms and guidance related to the Paycheck Protection Program continue to rapidly evolve and are subject to frequent changes. At a minimum, please make sure you have reviewed the latest information prior to submitting a forgiveness application. It is your obligation, as the borrower, to make sure you understand the SBA’s rules and that your application is true, complete and correct, and complies with the SBA’s requirements for forgiveness. Loan forgiveness is not automatic and must be requested through Silicon Valley Bank. Other eligibility requirements may apply.