Finish Strong
Hosted by Redwood Credit Union
Join us on September 10th for an engaging presentation on the benefits of business accounts for small business owners. Connect with RCU business specialists, as well as experts from other departments, during an open panel discussion designed to help you prepare for year-end planning and set the stage for a successful start to the new year.
Event Details
Wednesday, September 10th
480 Devlin Rd, Napa CA 94558
Redwood Credit Union – Community Room
Check-in: 4:30 p.m.
Presentation: 5 – 6:30 p.m.
Complete the form below to register.
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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