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SBA Paycheck Protection Program

Franklin Savings Bank supported over 300 local businesses through access to this very important program during the first round. We thank our community members and local businesses for putting their trust in us during these critical times.
We are proud to support our business customers through our participation in the SBA’s
Paycheck Protection Program. 

    Applications are currently being accepted as we anticpate the approval of additional
    funding requested for the SBA Payroll Protection Program loans to come soon.
    Please find information on applying below, or call (800) 287-0752 for further assistance.

  • SBA Paycheck Protection Program Resources We are a Small Business Administration Express Lender

 

  • To process your loan request, we will require the following information;

    • A signed, completed application
    • The bank will require two pieces of information to support your loan request
          • Proof of 2019 payroll, such as 941 and W3s statements.
          • Documentation showing payroll activity on or about February 15, 2020

 

  • Submit all completed documents to your primary branch, linked below
    • Note: These links will open a new browser tab and take you to a 3rd
      party site to sumbit your files
    • Please have documents named accordingly for fastest response time (BusinessName_1,
      BusinessName_2, etc. for each supporting document)

    To know that your application has been submitted successfully, a checkmark will appear next to your uploaded files.

          Someone from our team will be reaching out in the order your application is received.

Branch Location Link to Submit Application
Farmington, Jay, Wilton Upload Here*
Ellsworth Upload Here*
Rangeley Upload Here*
Rumford Upload Here*
Skowhegan Upload Here*

*We are working hard to process these applications.  However, due to the extremely high volume of these requests, any applications that are not complete will be delayed.  Funds availability through this program are subject to the SBA and application to this program through Franklin Savings Bank does not constitute a guarantee that the application will be funded or subsequent loans forgiven. 

 

Find out more about our deposit products for business: