Your Money, Your Future
Hosted by Redwood Credit Union
In partnership with Redwood Credit Union, Puertas Abiertas is hosting an in-person workshop. There will also be opportunities to connect one-on-one with coaches and representatives. RSVP today to reserve your spot!
Date & Location:
March 7th, 11 a.m.-2 p.m.
305 Soscol Ave.
Napa, CA 94559
Event Details:
11 a.m.-Noon: Budgeting, Planning for Unexpected Emergencies
Noon-2 p.m: Meet with RCU Financial Coaches, Branch Reps, Mortgage Loan Officers, and Business Advisors
Complete the form below to register.
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Insurance products are not deposits of Redwood Credit Union and are not protected by the NCUA. They are not an obligation of or guaranteed by Redwood Credit Union and may be subject to risk. Any insurance required as a condition of an extension of credit by Redwood Credit Union need not be purchased from Redwood Credit Union and may be purchased from an agent or an insurance company of the member’s choice. RCU Insurance Services is a wholly owned subsidiary of Redwood Credit Union. Business conducted with RCU Insurance Services is separate and distinct from any business conducted with Redwood Credit Union. License no. 0D91054. NPN no. 7612227.
PPP Forgiveness Application Deadline
Congress passed The Economic Aid Act which changed the deferment period from 6 months post covered period to 10 months post covered period. For example, if your covered period ended June 30, 2021, under the new guidelines the earliest your first loan payment wouldn’t be due until April 2022, and you have until then to request forgiveness. Please use the following calculation to help you identify when your forgiveness will be due:
- PPP borrowers may select a covered period anywhere from 8 weeks to 24 weeks.
- RCU is automatically calculating your loan due date based on a 24-week covered period, if you intend on using a shorter covered period please inform us immediately as this will impact your due date.
- Your correct deadline will be reflected in your online banking account.
If all or part of your PPP loan is not forgiven, your first loan payment will be due the first of the following month after a decision is made by the SBA.
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