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Paycheck Protection Program (PPP)
Updated May 4, 2021

The funds for the Paycheck Protection Program (PPP) have been exhausted. The SBA portal will no longer accept applications from banks. With this announcement, the FNBO customer portal is now closed to PPP loan applications


Additional Resources

  • The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location.
  • The official program launch date has not been announced by the SBA.
  • FNBO will not be accepting RRF applications. You can apply through SBA-recognized Point of Sale Restaurant Partners or directly via SBA in a forthcoming online application portal. Learn more about eligibility and how to apply.
Small Business owner

Ready to Apply for First Draw Forgiveness?

Then you're in the right place. Once your covered period is over, you have ten months to apply for First Draw PPP Forgiveness.

The FNBO customer portal is open to First Draw Forgiveness.

Information from the following forms will be entered into the online portal:

  • Form 3508S – for loans $150,000 or less, a simple one-page attestation requiring basic employee and payroll information.
  • Form 3508 and Form 3508EZ – for loans of more than $150,000

You can prepare by reviewing the forms and ensuring you’re ready to enter the information digitally into the portal.

On February 5, 2021, the SBA released a new Interim Final Rule, consolidating prior rules and incorporating PPP changes resulting from the Economic Aid Act. We encourage you to review this rule as there are a few key considerations for first round PPP Forgiveness including the opportunity to select an 8- or 24-week Covered period, clarity on when payments on PPP loans will begin and details on the application forms and additional allowable covered period expenditures. 

PPP Forgiveness Application Timing

Borrowers can apply for forgiveness any time up to the maturity date of the loan. However, if you do not apply for forgiveness within 10 months after the last day of your selected 8- or 24-week Covered Period, then PPP loan payments are no longer deferred, and you will begin making loan payments.

Timing Examples

Following are examples of the forgiveness application timing requirement. Dates differ based both on the Loan Disbursement Date and the Covered Period selected (either 8- or 24-weeks). You will indicate your selected Covered Period on your electronic forgiveness application.

8-Week Covered Period

4/15/20 – Loan Disbursement Date

6/9/20 – End of 8-Week Covered Period

4/9/21 – Final Date Forgiveness Application can be submitted to FNBO before payments are no longer deferred.

24-Week Covered Period

4/15/20 – Loan Disbursement Date

9/29/20 – End of 24-Week Covered Period

7/29/21 – Final Date Forgiveness Application can be submitted to FNBO before payments are no longer deferred.

Following the forgiveness application submission, lenders have 60 days to review and submit to the SBA. The SBA has 90 days to review upon receipt from the lender, though in many cases currently, the SBA review has exceeded 90 days.

Check Your Forgiveness Status

All forgiveness applications must be submitted through the FNBO online portal. If you have submitted forgiveness information in the portal and are not sure if your application is complete and being reviewed, please login and check your status in the portal. If the submission status is “Received,” your application has been fully submitted for FNBO review. If your status is not yet “Received,” your application has not been electronically submitted or received into the portal.

For more details on PPP Forgiveness, please see this information from the SBA.  

Small Business owner

Ready to Apply for Second Draw Forgiveness?

Information on Second Draw Forgiveness will be added when it becomes available for the SBA. Please check back and watch your email if you are a FNBO borrower awaiting Second Draw Forgiveness.

For full program details, visit SBA.gov and Treasury.gov.

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Business Support Team

Our team of experts are ready to help you with experience and support you've come to expect. There are a variety of ways you can get the answers you need.

For non-urgent needs, we ask that you:

For urgent needs, we’re ready to assist you:

Business checking mobile app

Payments, Deposits & More.

Wherever you are, there are many ways you can make and receive payments, deposit money to your account or get cash. These capabilities are here to improve your banking experience and help you do more.

  • Online Banking: Manage your accounts online 24/7 and receive secure messages and alerts. The enrollment process usually takes less than 2 business days.  To enroll, get started here.
  • PayMaker: You can digitally send and receive business payments from anywhere (check or ACH) through our payments platform, PayMaker. PayMaker also gives you the ability to convert your payments to ACH and removes the need to manually mail or receive payments by check. Enroll in 5 minutes or less under the “Pay & Get Paid” tab on your online banking dashboard.
  • ACH Transfers: If you’re not enrolled in PayMaker, be sure you have a contingency plan for submitting and approving ACH and wires, including the possibility of writing checks.
  • Branch Drive Thru: You can still bank with us at your local branch with our drive thru services during operating hours. And, you can also deposit checks or cash 24/7 at our deposit accepting FNBO ATM’sKeep updated with our branch statuses.
  • Mobile App Deposits: In response to COVID-19, we have increased mobile app deposit limits for business customers.  View your increased deposit limit in the “Make a Deposit” section in your mobile app.  To enroll in Business Mobile Banking, go to the “Services” tab on your online banking dashboard. From there, you can enroll your business and download the app.
  • Cash Vault Services: Cash Vault Services are designed for businesses that make frequent deposits of cash and checks or require a continuous inventory of coin and currency. You can make sure you have enough cash on hand, and that your deposits are processed securely and on-time with Cash Vault Services.
  • Fraud Protection: Consider adding fraud prevention tools and alerts to your account. You can customize account alerts under the “Account” tab on your online banking dashboard and add fraud prevention under the “Administration” tab.
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Manage Your Accounts Online

As social distancing takes effect, it's paramount to enroll your business in online banking and payment tools if you haven't already. Complete the enrollment form and we will notify you when the enrollment process is complete on our end, usually within 1 business day. Then you’re good to access your new online account!

  • Setup account alerts with a variety of alert settings
  • Add additional products and services at any time
  • Send secure messages to our support team 24/7
  • Conveniently make payments and transfers