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PPP Important Payment Information

IMPORTANT PAYMENT INFORMATION:  We told you in a previous communication that we would be sending Modification Agreements out to extend the payment and maturity dates, so they are aligned with the revised SBA IFR. SBA has now said that Modification Agreements are not needed. Therefore, we have modified all loans internally, so the first payment is not due until 16 months after the date of the loan and all maturity dates have been extended to five years.

Updates for the PPP loan forgiveness process are posted on our website www.gnbbank.com.  Please check the site on a regular basis for updates.

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