Paycheck Protection Program 

As a certified Small Business Administration (SBA) provider, Horizon Bank continues to monitor how Covid-Relief will be administered, along with specifics on the Paycheck Protection Program (PPP).

The PPP provides cash-flow assistance through 100% federally guaranteed loans to employers who maintain their payroll during this emergency. The PPP provides support for up to 24 weeks of payroll, and other eligible expenses such as utilities, interest payments, and lease payments. PPP loans have the potential for forgiveness by the Small Business Administration if compliance with the program criteria is met. Payments on PPP loans are deferred for a period of up to 10 months after the end of the borrower’s “covered period” provided a forgiveness determination has not been made by the Small Business Administration.

An overview of the Paycheck Protection Program may be found at the Small Business Administration's website at

Specific program overviews and application forms may be found as follows:

Paycheck Protection Program Applications

The PPP Program is subject to authorization of the United States Congress and the Small Business Administration, and approval and funding is subject to funds availability and program guidelines that are subject to change. Applications are subject to the PPP Program requirements and will be accepted for applicants within Horizon Bank’s delineated lending market, and will be processed on a first-come, first-serve basis, subject to funds availability.

Existing loan customers may make application for first-draw or second-draw PPP loans through a secure self-service portal here

Customers will need the following three data points to validate into the portal:

  • Business Tax Identification Number (TIN or SSN if Sole Proprietor)
  • Email of Authorized Representative
  • Social Security Number (SSN) of Authorized Representative

If you are unable to validate into the portal, you may call your lender or utilize the following contact form for lender assistance. Click here to access form


Non Horizon Bank customer applicants will be referred to a bank representative to assist them with their application by completing the this form.

All applicants must meet the requirements of the Bank’s Customer Identification Program, be within the Bank’s established lending market, and maintain a Horizon Bank business checking account for funding of loan proceeds.

The following documents are provided to assist you with your application:

Payment Deferrals

PPP borrowers whose loans were closed prior to June 5 have been inquiring about whether they must start making payments on their PPP loans on the date which is set forth in their promissory notes. The short answer is no. We previously sent correspondence to all PPP borrowers about this change. Please see SBA FAQ 52 for guidelines concerning this topic.

Question: The Paycheck Protection Program Flexibility Act of 2020 (Flexibility Act) extended the deferral period for borrower payments of principal, interest, and fees on all PPP loans to the date that SBA remits the borrower’s loan forgiveness amount to the lender (or, if the borrower does not apply for loan forgiveness, 10 months after the end of the borrower’s loan forgiveness covered period). Previously, the deferral period could end after 6 months. Are lenders and borrowers required to modify promissory notes used for PPP loans to reflect the extended deferral period?

Answer: The extension of the deferral period under the Flexibility Act automatically applies to all PPP loans. Lenders are required to give immediate effect to the statutory extension and should notify borrowers of the change to the deferral period. SBA does not require a formal modification to the promissory note. A modification of a promissory note to reflect the required statutory deferral period under the Flexibility Act will have no effect on the SBA’s guarantee of a PPP loan

Paycheck Protection Program Forgiveness Program

The Small Business Administration (SBA) began accepting forgiveness applications for the Pay Check Protection (PPP) Loan Program beginning, August 10th. Information regarding the SBA PPP Forgiveness Guidelines and the necessary application forms may be accessed at the Small Business Administration website You are encouraged to consult with your professional advisors for a comprehensive review of the PPP rules and guidance.PPP Borrowers have until the maturity date of the PPP loan to apply for forgiveness.

Horizon Bank is utilizing an online portal for the submission and processing of PPP loan forgiveness, and may be access at the following link PPP Borrowers will be required to validate three data points including Tax I.D., PPP Loan Amount, and the email address utilized for their PPP loan documents to access the portal.

Questions regarding the forgiveness process may be directed to your lender that assisted with the PPP loan or to

These video  tutorials are available as resources in the forgiveness application process.

Note to Agents:

Horizon Bank is not working with third-party agents on Paycheck Protection Program (PPP) loans, either at origination or in connection with forgiveness applications. We will work directly with the borrower, including when they apply for forgiveness of any PPP loan extended to them. Horizon Bank will not pay fees to any firm claiming to be a borrower’s agent in connection with either of those processes.

Contact one of our lenders or email us at for assistance.

Borrow Authentication & Application

Borrower/Doc Upload Video

Borrower Signing