Sunnyside Federal Assists Local Businesses with PPP Loans

"Local Sunnyside Comes to the Rescue"

When some river­towns busi­nesses wracked by the coro­n­avirus pan­demic ap­plied to their banks for loans from the fed­eral Pay­roll Pro­tec­tion Pro­gram, they found a cold shoul­der rather than a help­ing hand.

Read the full article as published in The Hudson Independent on May 13, 2020.

Paycheck Protection Program (PPP) Loan Forgiveness

If you are a qualifying small business, then you can apply for loan forgiveness with processing assistance from Sunnyside Federal. 

Prior to applying online for PPP Loan forgiveness, Sunnyside Federal encourages you to:

1. Visit the SBA's Paycheck Protection Program Loan Forgiveness Interim Final Rule for additional information, the types of costs that are eligible for forgiveness, and necessary documentation.
2. Review information on the SBA Forgiveness Applications, including the PPP Loan Forgiveness Calculations, PPP Schedule A and PPP Schedule A worksheet, as these items will be referenced throughout Sunnyside Federal's online forgiveness process.
3. Gather the supporting documentation required to be submitted as set forth in the SBA Forgiveness Application instructions.

Please note that the U.S. Treasury and Small Business Administration (SBA) are responsible for the rules of the program, which determine the amount of loan forgiveness you may receive. This can include full, partial or no forgiveness. 

To initiate the PPP Loan Forgiveness process with Sunnyside Federal, please click the link below:

• Paycheck Protection Program (PPP) Borrower Application Form

BEFORE YOU BEGIN, BE SURE TO HAVE A COPY OF THE LETTER YOU RECEIVED FROM SUNNYSIDE WITH THE REQUIRED LOG IN CREDENTIALS.