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PPP4 UNDER THE ECONOMIC AID ACT

Congress has passed legislation, the "Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act", providing additional Paycheck Protection Program (PPP) funding, providing a mechanism for requesting a second PPP loan, and altering forgiveness rules for currently outstanding PPP loans.  

To promote access for smaller lenders and their customers, SBA is currently only accepting loan applications from participating community financial institutions (CFIs). 

We continue to monitor for updates and a date certain for when BancFirst will be permitted to begin submitting applications.  Our current expectation is Tuesday, January 19 but that is subject to change.  Please continue to visit this page frequently for the latest information.

Please follow these links to the SBA web site to assist you in preparing to submit your application:

First Draw PPP Loans (sba.gov)
Second Draw PPP Loans (sba.gov)
Interim Final Rule on Paycheck Protection Program as Amended by Economic Aid Act
Interim Final Rule on Second Draw PPP Loans.