The Paycheck Protection Program provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities.
The Paycheck Protection Program is implemented by the Small Business Administration with support from the Department of the Treasury. You may visit www.sba.gov or www.coronavirus.gov for more information.
Due to high demand at this time, Oak Bank is only able to assist CURRENT Oak Bank clients with these loans. If you are already an Oak Bank client follow these instructions.
How to apply for the SBA Paycheck Protection Program:
- Step 1: Click this link to access the Paycheck Protection Program Borrower Application Form 06122020 with information and the application forms.
- Step 2: Fill-in application forms.
- Step 3: Submit your application through our secure ShareFile link below.