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.
Prepare Documentation
The SBA has published three PPP Loan Forgiveness Applications: the EZ Application (Form 3508EZ), the Standard Application (Form 3508), and the new Simplified Application (Form 3508S). If your loan is $150,000 or less, you may qualify for the Form 3508S.
Submit Application Online
Complete the online PPP Forgiveness Loan application and upload supporting documents. All forgiveness applications must be submitted electronically. No paper or emailed applications will be accepted.
Click the link below to visit the SBA.gov website for more information and resources.
Review Process
Woodforest has 60 days to review your forgiveness information. During this review, Woodforest representatives may reach out by email or phone to get clarification and gather additional documentation. Please keep an eye on your email! Monitor your email and check your junk or spam folder for system-generated emails coming from @woodforest.com, @docusign.net, or @expressbankloan.com.
NOTE: The SBA will review and make the final approval decision on all PPP loan forgiveness applications.
Update 8/26/2021
We are currently taking PPP Forgiveness Applications. We encourage you to review the PPP forgiveness information on the SBA.gov website: PPP Loan Forgiveness (sba.gov)
Equal Housing Lender