PPP Loan Forgiveness FAQ

We are waiting on clear guidelines from the SBA so we are not currently accepting PPP loan forgiveness applications.

Once SBA finalizes the forgiveness process, TMC will send our PPP borrowers an email containing a link to a user-friendly application portal. There is no further action needed at this time.

The Paycheck Protection Program provides small businesses with funds to pay up to 24 weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities. 

We understand you may have a lot of questions about Paycheck Protection Program loan forgiveness.  We will continue to update this page as new information becomes available.