Small Business Administration Paycheck Protection Program Loan Forgiveness

Information current as of April 7, 2021.

The Sandy Spring Bank PPP loan forgiveness portal is now open for loans originated in 2020. We are not accepting forgiveness applications for loans originated in 2021 at this time. For the latest on PPP loan forgiveness from the SBA, click here.


We are aware that third parties are contacting PPP recipients to assist them with their forgiveness applications, presumably for a fee. We have not engaged and do not endorse any of these firms, nor have we provided any of these firms with information about our PPP borrowers.


Please know that we’re here to help as you prepare to request forgiveness. The Paycheck Protection Program Flexibility Act of 2020 and the Economic Aid Act of 2020 made significant changes to the PPP. An overview is available on the U.S. Treasury Department’s website here. As guidance and regulations on PPP and related legislation become available, this site will be updated.

On October 8, the U.S. Treasury and the SBA announced streamlined forgiveness for certain borrowers with the use of a new application: Form 3508S. On December 27, the Economic Aid Act created an allowance for all borrowers with loans of $150,000 or less to apply using the new form. The new form also does not have any supplemental document requirements for first draw loans. For reference, the instructions for Form 3508S are now located within the form.

We are now accepting applications for forgiveness of PPP loans originated in 2020, and we are sending out invitations to authorized signers. Invitations to submit loan forgiveness applications are being sent from [email protected] with specific instructions for loans of $150,000 or less and separately for loans greater than $150,000. Authorized signers may receive both emails if they have loans of each size. Please note that we are not accepting applications for forgiveness of PPP loans originated in 2021 at this time.

To prepare for the forgiveness application process:

  1. Add [email protected] to your contacts, safe senders list, or whitelist to prevent it from being marked as spam. Please do not attempt to send a message to this address as it is not monitored.
  2. If your loan amount is $150,000 or under, you will not be required to provide supporting documents.
  3. If your loan amount is greater than $150,000, organize all of your documents after reviewing these links:
  4. Complete all necessary documentation so that you are prepared to enter your calculations into the portal.
  5. Refer to the U.S. Treasury’s latest FAQs for more information.
  6. For help with our forgiveness application portal, please review these frequently asked questions.
  7. If you are experiencing any issues resetting your portal password:
    • Ensure the email address you are using to log in is the email address the authorized signer used to apply for the loan.
    • Check your junk, spam, or email quarantine folders for messages from [email protected]. Please do not attempt to send a message to this address as it is not monitored.
    • Add [email protected] to your contacts, safe senders list, or whitelist to ensure you receive the password reset email.
    • If applicable, check with your IT team to make sure your company is not filtering messages from [email protected].

Additional Notes on Forgiveness

  • The Bank has 60 days from receipt of a complete forgiveness application to issue a decision to SBA. SBA then has 90 days to review the loan or forgiveness application and remit the appropriate forgiveness amount to the Bank.
  • Be sure to check this page regularly for more details and frequently asked questions on the PPP loan forgiveness process. Please note that our branches and the Client Service Center do not have additional information.

If you have additional questions that are not addressed here or on the Q&A page regarding our process for forgiveness, please submit your inquiry using the below button.


Ask a Question