We are here for our customers, even during times of uncertainty.

Woodforest continues to work alongside small businesses in our local communities to navigate the complexities of procuring needed funds under the Small Business Administration's (SBA) Paycheck Protection Program (PPP) as well as the associated PPP forgiveness process.

Program Highlights

  • Allows businesses who qualify to obtain a first-time PPP loan.
  • Enables businesses who received a PPP loan under the CARES act to apply for a second loan (also called a second draw loan).
  • Allows existing borrowers not eligible for a second draw loan to use funds for additional permitted expenses.
  • Simplifies the loan forgiveness process for loans of $150,000 or less.

Applying for a PPP loan?

Woodforest is now accepting online applications for First Draw and Second Draw PPP loans. Use the link below to access additional information, resources, and the online PPP loan application system.




Have an existing PPP loan and seeking forgiveness?

Use the link below to access the online PPP loan forgiveness application system, information, and quick reference guide.



For all our customers, please know your Woodforest family is here and ready to help, dedicated to serving your business needs during this unprecedented time.

Overview

New legislation is approved which provides additional funding for PPP loans for many small businesses and is intended to improve the forgiveness process for current borrowers.

Useful Links


Woodforest National Bank

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