PPP Loan Applications
FVCbank will be participating in the new round of Paycheck Protection Program. If you are a current FVCbank customer that applied previously, you will receive an email communication with new link and credentials once it is available.
If you are a new customer or customer that did not apply previously, please direct your questions to PPPQ&A@fvcbank.com and an FVCbank representative will contact you.
Eligibility for PPP Loan in New Round:
- Demonstrate at least a 25% reduction in gross receipts in any quarter of 2020 relative to the same quarter in 2019.
- Employ fewer than 300 employees per physical location.
- Demonstrate that you have used or will use the full amount of your first PPP loan.
- A business that was not in operation on February 15, 2020 shall NOT be eligible for an initial PPP loan and a second draw PPP loan.
All questions regarding eligibility should be directed to your CPA.
PPP Loan Forgiveness
If you have questions regarding loan forgiveness, you MUST reply to your email from the PPP portal. This email communication includes a unique identifying number that attaches to your application and your questions will be answered through that portal.