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Frequently Asked Questions

Can smartbiz help you apply for the Paycheck Protection Program (PPP)?

Let SmartBiz help you apply for the new round of the Paycheck Protection Program (PPP) with the banks in our network. SmartBiz Loans® works with small business owners like you every day to help you apply for the funding you need.

How do I apply for forgiveness with smartbiz?

Borrowers that need assistance or have questions should call the SBA at (877) 552-2692, Monday – Friday, 8 a.m. - 8 p.m. EST. If your PPP amount is over $150, 000 and you received your PPP loan through a bank in the SmartBiz network, your bank will be contacting you directly about applying for Forgiveness.

How do I contact smartbiz loans Partner assist?

Download Chrome Log in to Partner Assist Email 2009-2021 SmartBiz Loans. All Rights Reserved. Contact Monday - Friday 8:00 AM - 5:00 PM PST Phone: (888) 826-0322 Email: [email protected]

How do I apply for PPP loan forgiveness?

You must apply for forgiveness with your PPP lender through the official PPP forgiveness application. The process isn’t automatic. Any portion of the loan that is not forgiven will carry an interest rate of 1.0% and is due to be paid back within five years. However, payments are deferred for the first six months and there is no pre-payment penalty.

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