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:

Business Banking ShareFile
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Description As your business banker, it’s our role to protect your personal financial security and that of your business. Use our secure file transfer service to ensure the safe transfer of your sensitive documents including financial statements, tax returns and appraisals to the Credit Department.
Instructions 1. Click the ShareFile link above to bring up the request window.
Note: The link will open in a new window, allowing you to switch between windows to view the following instructions.2. Enter your email address, name and company name. Then click “Continue” to upload page.3. Choose your files and select “Upload.” With the help of our secure file transfer service, we can guard and protect the information that’s important to you and crucial to the success of your business.