Before you proceed, please read the following information:


From February 24, 2021 through March 9, 2021, the SBA will only accept PPP loan applications from lenders for businesses with fewer than 20 employees. The purpose is to provide lenders and community partners with more time to accept applications from the smallest businesses and not-for-profits; and to provide an exclusive window for these organizations to apply for PPP funds before the program expires on March 31, 2021. Tri Counties Bank will continue to accept PPP applications from all eligible businesses during this period. If you have 20 or more employees, Tri Counties Bank will submit your completed application to the SBA after March 9, 2021.

For more information, visit the SBA's website. We will continue to post updates as more information becomes available.

Tri Counties Bank cannot guarantee availability of PPP funds. All loans are subject to SBA approval.

To apply for a Tri Counties Bank Paycheck Protection Program (PPP) loan, please ensure that you meet the following minimum requirements:

This is not a complete list; consult the full list of requirements at the SBA's website.

First-time PPP loan applicants:

  • 500 or fewer employees

  • Most business entity types are eligible to apply; sole proprietorships, independent contractors, self-employed individuals, and Non-Profits (including places of worship) are also eligible to apply

Businesses that previously received a PPP loan:

  • 300 or fewer employees

  • Have used or will have used the full amount of First Draw PPP loan on only eligible expenses

  • Show a 25% gross revenue decline in any 2020 quarter compared with the same quarter in 2019

NOTE: If you are applying for a Second Draw PPP loan for a higher loan amount than your First Draw PPP loan (based on a different monthly average payroll), please upload documents demonstrating the new average payroll amount on the last page of the application.

For all applicants:

  • Current economic uncertainty makes this loan request necessary to support ongoing operations

  • Have not applied for a 2021 PPP loan through another lender

  • In business on February 15, 2020 and have not permanently closed

  • Funds will be used to retain workers and maintain payroll or to make payments for mortgage interest, rent, utilities, covered operations expenditures, covered property damage costs, covered supplier costs, and covered worker protection expenditures

  • At least 60% of the funds will be used for payroll and payroll-related expenses