Paycheck Protection Program


The SBA Paycheck Protection Program (PPP) was created to help small businesses keep workers employed during the COVID-19 crisis. As a Small Business Administration (SBA) Preferred Lender, Tri Counties Bank was able to provide PPP loans to small business customers throughout California.

Tri Counties Bank is no longer accepting new PPP loan applications. If you have questions about your current PPP loan application already in progress, please contact your local banker or call 1-800-982-2660.

Latest PPP Updates from the SBA

PPP Loan Forgiveness Online Application

We are now starting to accept loan forgiveness applications. Please note that PPP loan forgiveness applications will only be accepted through our online portal. This will ensure more timely processing of your loan forgiveness application.

Current Tri Counties Bank PPP Loan Customers: You will be sent an invitation to apply with a link to the online application portal. Invitations will be sent via email and USPS mail. We are sending invitations in waves to ensure we have the resources to provide all customers with responsive support.

Note: The PPP loan forgiveness period (time in which qualified expenses can be spent) was extended from eight weeks to 24 weeks from loan funding date. Click here to read more information from the SBA.

The forgiveness process for loan amounts of $150,000 and under could change. Congress is considering a Relief Bill that could include automatic forgiveness for PPP loans of $150,000 and under. If this is passed and signed into law, the loan forgiveness process could be simplified significantly for smaller loans. We will communicate updates as information is made available.

Loan Forgiveness Required Documents

We have provided links below to the SBA’s loan forgiveness application instructions for reference as you prepare your supporting loan forgiveness documentation. Please note you will be required to apply for loan forgiveness through our online application portal.

SBA's Standard Forgiveness Application

SBA's Forgiveness Form 3508EZ*

*Form 3508EZ applies to borrowers who meet any one of these three criteria:

  • Applied for the PPP loan as self-employed, an independent contractor or a sole proprietor with no employees.

  • Did not reduce salary or wages for any employee by more than 25%, and did not reduce the number or hours of their employees (excluding laid-off employees who refused an offer to return).

  • Did not reduce salary or wages for any employee by more than 25% during the covered period and experienced reductions in business activity as a result of health directives related to COVID-19.

View Our PPP Loan Forgiveness Webinar.

Tri Counties Bank partnered with Moss Adams, a leading accounting and tax firm, to create a webinar to provide you with expertise and guidance throughout the loan forgiveness process.

Read Questions & Answers from our PPP Loan Forgiveness Webinars here

Recorded June 4, 2020