On December 27th, The Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act was enacted which makes significant changes to the Paycheck Protection Program (PPP) and its forgiveness parameters. TD is reviewing the new legislation and is awaiting required guidance from the SBA to determine how the changes will affect our PPP customers. As a result, we have temporarily closed our PPP loan forgiveness portal and will not be accepting new forgiveness applications. We will resume accepting and processing applications once we have received all information and guidance and have made the required changes to our online application.
Customers who have already started or submitted a forgiveness application will also be unable to access the portal until we have completed our updates. No need to worry - all information previously input is saved.
Please continue to check this site for updates. For more information about these changes, please visit the SBA's website here.