Skip Navigation Documents in Portable Document Format (PDF) require Adobe Acrobat Reader 5.0 or higher to view, . MENU Northway Bank LOGIN LOCK ICON Paycheck Protection Program Paycheck Protection Program (PPP): Preparing for Loan Forgiveness UPDATE 09/20/2021: An important letter was sent to business customers with a Northway Bank PPP Loan that haven’t submitted their forgiveness application - Paycheck Protection Program: Preparing for Loan Forgiveness Update We strongly recommend that you read the information below in it's entirety before you submit your loan forgiveness application. Thank you for choosing Northway Bank to process and service your Paycheck Protection Program loan. We are proud to be able to assist you and our community during this difficult time. Northway Bank is committed to managing your application for loan forgiveness as efficiently as possible. To further demonstrate that commitment, the Bank has created a team of dedicated banking professionals to assist you with this process. Obtaining the loan is just the first step - while some outstanding questions remain when it comes to the loan forgiveness process, Congress recently clarified some of these in the Paycheck Protection Program Flexibility Act which passed on June 5, 2020. Below we’ve included some new changes based on the PPP Flexibility Act and how you should submit your loan forgiveness application to Northway Bank. IMPORTANT NOTE: Section 3(c) of the Flexibility Act provides that if a borrower does not apply for forgiveness of a loan within 10 months after the last day of the Covered Period, the PPP loan is no longer deferred, and the borrower must begin paying principal and interest. WHAT IS MY LOAN FORGIVENESS PERIOD? WHAT CAN I USE MY PPP LOAN FUNDS FOR? HOW DO I SUBMIT MY LOAN FORGIVENESS APPLICATION? (Links to Applications and Instructions are included) FORGIVENESS APPLICATION PROCESSING ADDITIONAL INFORMATION FORGIVENESS APPLICATION TIP SHEET IMPORTANT FOR ALL SECOND DRAW PPP LOAN FORGIVENESS LOAN APPLICATIONS Customer Service 800-442-6666 24-Hour Telephone Banking 888-568-6310 NMLS #405698 Facebook Linked In SITEMAP PRIVACY AND SECURITY REORDER CHECKS CONTACT US LOCATIONS CAREERS ©2021 Northway Bank.Created by ProfitStars®