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Aquí en Redwood Credit Union, nos importa su bienestar financiero; es por eso que nos asociamos con compañias que son líderes de la industria en educación financiera. BALANCE es una compañia que proporciona acceso gratuito a sus recursos y educación financiera elaborada por sus expertos. Nosotros, en asociación con BALANCE, estamos aquí para ayudarle en todas sus etapas de su vida financiera.
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Vea nuestros cortos videos interactivos en diferentes temas como aprender a ahorrar dinero, entender reportes de crédito, financiar para la universidad, planear la compra de su primera casa y mucho más.
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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