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Midland PPP Customer Information

This page contains helpful information to assist our PPP customers with loan forgiveness applications and pending approval information. The information below is only relevant for customers who received their Paycheck Protection Program loan through Midland States bank. 

Important Note: This page is provided as a customer courtesy. The SBA is responsible for the rules of this program and determining the amount of loan forgiveness, which can include full, partial, or no forgiveness. Updated information on the terms of Paycheck Protection Program loan forgiveness is available on the U.S. Treasury and SBA websites.

 

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PPP Round 2 Forgiveness Application Status Update

The SBA is actively accepting Round 2 PPP Forgiveness Applications and has started to send back approvals for borrowers who have fully completed and submitted their applications. Relationship Managers will work directly with borrowers on completing their application and providing notification and pending information needs. Please review the information contained on this page for details related to timing on the review and pending approvals for all Forgiveness Applications.

If you are a Midland borrower and have not yet started your Forgiveness Application, we encourage you to do so immediately by reviewing the information below.

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SBA Loan Forgiveness Application Instructions for Borrowers

To apply for forgiveness of your Paycheck Protection Program (PPP) loan, you (the Borrower) must complete the SBA loan forgiveness application as directed in the SBA documentation, which is then submitted to us (the Lender for your PPP loan). Information and support items to assist with the forgiveness process are included below.

We know that it may take time for you to gather the support documentation and we suggest you start right away.

 

All Round 2 PPP Loan Borrowers are eligible to apply for Forgiveness at this time.

If you are ready to apply, please contact your Midland Relationship Manager who will provide you a link containing pre-filled application information to electronically submit your Round 2 PPP Forgiveness Application.

Should you not know how to contact your Relationship Manager or need assistance contacting a member of our team, Customer Care is available at 855-696-4352.

PPP Documents

The SBA has several PPP Loan Forgiveness Programs dependent on specific business and loan criteria. Please review the following information to determine which program is appropriate for your business.

Note: Documents have been updated by the SBA effective July 30, 2021

Documents are provided for reference and information gathering only.  Midland customers will be provided an electronic application link from their Relationship Manager when they are ready to apply. 

For Midland PPP customers, there is no need to fill out or submit any paper documents. These documents are provided for reference to begin gathering information for your application. However, a Midland Relationship Manager will be contacting each PPP borrower with information to electronically complete forgiveness applications.

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Page content is for summary and informational purposes only. The information contained on this webpage does not constitute the rendering of legal, accounting, tax or other professional services or advice by Midland States Bank or any of their subsidiaries or affiliates, and is provided without any warranty whatsoever. The applicant understands that they may wish to consult with their own advisors. Midland States Bank is a Member FDIC and Equal Housing Lender.