Thank you for your interest in seeking an event sponsorship from Redwood Credit Union. We receive hundreds of requests each year from throughout the North Bay counties we serve and are continually inspired by the amazing work being done to address so many important issues in our communities. Though we are not able to sponsor every request, we love learning about organizations and events in our communities and look forward to reviewing your request. We’re particularly interested in learning more about new opportunities in Lake County, American Canyon/Napa, and around our San Francisco branch location on Market Street.
All event sponsorship requests must be made at least 90 days in advance of the event.
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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