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  • What Is A Borrower Election Form From Bank Of America

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City State ZIP The undersigned Borrower(s) hereby acknowledges that I have been advised by Bank of America, N.A. (Bank) of the availability of loss mitigation options in addition to short sale, deed in lieu or Mortgage Release,TM including loan modifications that may provide a more affordable payment and allow me to keep my house ( Property ) rather than sell it. I confirm my choice to proceed directly to a short sale, deed in lieu or Mortgage ReleaseTM eva.

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CHARLOTTE, N.C. --(BUSINESS WIRE)--May 4, 2020-- Bank of America announced today that it has received Small Business Administration (SBA) loan approvals for 265,500 small businesses under the SBA's Paycheck Protection Program (PPP). This represents $24.9 billion in needed relief for small businesses.

Update for Bank of the West PPP Loan Customers: We have begun to send email invitations to our customers to apply for PPP loan forgiveness based on loan funding date. If your loan was funded in late-Spring or early-Summer 2020, it may take some time to receive your email invitation to apply for forgiveness.

Sign in with your Small Business Online Banking username and password, select your CARES Act Paycheck Protection Program loan. From the account details screen, click Make a Payment.

Sign in with your Small Business Online Banking username and password, select your CARES Act Paycheck Protection Program loan. From the account details screen, click Make a Payment.

You can apply online in minutes and get the relief funding you need as soon as possible. Both existing customers and new customers are welcome to apply. If you're concerned that funding for PPP will run out, they also provide other small business loans that may be a better option for you.

As part of its efforts to help small businesses during this time, Bank of America was the first to accept PPP applications and as of May 15 has received approval from the Small Business Administration (SBA) for 322,000 loans to small business clients for more than $26 billion in relief.

SBA loans are provided by Bank of America When you apply for an SBA loan, you do so through a financial institution like Bank of America. While we're providing the actual loan, the SBA is guaranteeing a portion of that loan, which enables you to get access to capital with more flexible terms.

Applications for PPP loan forgiveness at Bank of America must be submitted digitally through our online PPP loan forgiveness application portal. We will not accept paper loan forgiveness applications.

The $349 billion authorized for Paycheck Protection Program loans has been exhausted, the Small Business Administration said today, and the SBA is no longer accepting applications for PPP loans. ... Any loan applications that have received an SBA authorization number will receive an SBA guaranty.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232