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PAYCHECK PROTECTION PROGRAM APPLICATION CHECKLIST In order to expedite requests for loans under the Coronavirus Aid, Relief and Economic Security Act (CARES Act), Paycheck Protection Program (PPP),
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How to fill out bangor savings bank ppp

01
To fill out Bangor Savings Bank PPP application, follow these steps:
02
Gather all the necessary documentation such as your payroll records, tax forms, and financial statements.
03
Visit the Bangor Savings Bank website and navigate to the PPP application page.
04
Download the application form and save it on your computer.
05
Carefully review the instructions provided with the application form to understand the requirements and eligibility criteria.
06
Open the application form using a PDF reader and fill in the required information accurately.
07
Provide all the requested details about your business, including its legal name, address, and contact information.
08
Enter the requested financial information, such as your average monthly payroll costs and any other eligible expenses.
09
Attach the necessary supporting documents as instructed, such as your payroll records and tax forms.
10
Double-check all the information you have entered to ensure its accuracy and completeness.
11
Save a copy of the completed application form on your computer for your records.
12
Submit the application form as per the instructions provided by Bangor Savings Bank, which may involve sending it via email or through their online portal.
13
Await further communication from Bangor Savings Bank regarding your PPP loan application.

Who needs bangor savings bank ppp?

01
Small businesses and self-employed individuals who have been impacted by the COVID-19 pandemic and require financial assistance may benefit from Bangor Savings Bank PPP (Paycheck Protection Program).
02
PPP is designed to provide forgivable loans to help these businesses cover their payroll costs, rent, utilities, and other eligible expenses during this challenging time.
03
It is especially useful for businesses that have experienced a significant decline in revenue and are struggling to retain their employees or stay operational.
04
Additionally, certain organizations such as nonprofits, veterans' organizations, tribal businesses, and independent contractors may also qualify for the Bangor Savings Bank PPP.
05
It is recommended to review the eligibility criteria and program guidelines provided by Bangor Savings Bank to determine if you meet the requirements for PPP.
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