PPP Loan Forgiveness
PPP Forgiveness Update
As of 7/6/20:
Bridgewater Bank is no longer accepting new PPP Loan Inquiries in an effort to focus on processing the forgiveness of existing PPP Loans. We appreciate your understanding.
We are aware of the current legislation that changed some of the requirements for forgiveness of PPP loans. To view a summary of these changes, click here. We are diligently reviewing these changes and awaiting guidance from the SBA on how they impact the Forgiveness Process. Currently, we are unable to process any completed Forgiveness Applications as the SBA has not provided guidance on how to submit completed forms. Until then, please continue retaining detailed supporting documentation for how your PPP proceeds are being spent.
Please check back to this website for additional information on the PPP Forgiveness Process. We will update this page as soon as additional information is made available.