Dear Metairie Bank Customer and Paycheck Protection Program Borrower:
The Economic Aid Act did address the issues surrounding the forgiveness process for First Draw PPP Loans. However, the SBA has yet to issue guidance detailing the new forgiveness process and what is required of both borrowers and banks. While we do not have a definitive timeline, we hope guidance will be available in the coming weeks.
Please continue to look for our updates on our website and via email. Of course you are always welcome to email us any time at firstname.lastname@example.org
Ron E Samford, Jr.
President and CEO