You’re Invited!
Redwood Credit Union would like to invite you to our Lake County Truck Giveaway and Block Party!
February 5th, 2023
1-3 p.m.
16095 Main St, Lower Lake, CA 95457
Enjoy lunch, music, games, and giveaways!
Attendance is free and the first 50 people to check-in will receive a $15 voucher to use for lunch with our partner food truck.*
The event will take place rain or shine.
Learn more about the truck we’re giving away and ways to enter here!
*$15.00 food vouchers and giveaways are available while supplies last. Vouchers cannot be exchanged for cash and are only valid at the food trucks participating at the event on the event date.
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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