PPP Loan Forgiveness
Open Bank Requirements
* To qualify for a PPP loan forgiveness from Open Bank, a few of the requirements are as follows:
- You must have received a PPP loan from Open Bank to apply for loan forgiveness through this online portal.
- For loans of $150,000 & below, use FORM 3508S and DO NOT upload any supporting documents as it is not required.
- All others must use FORM 3508EZ or FORM 3508 and must upload required documents.
- If you have already started a 2nd Draw PPP Loan Application or Forgiveness request, you DO NOT need to establish a new account, just log in with your email and password under "Pick up where you left off".
- To begin your loan forgiveness application, you must have information regarding your loan – 1) SBA PPP loan number (10-digits) and 2) PPP loan amount. If you do not have this information, please contact us at SBAHelp@myopenbank.com.
* Please use Google Chrome browser for Application Portal.