Paycheck Protection Program

 
As a leading lender in the South Florida community, we are committed to helping our clients navigate through these unprecedented times. 
 
Grove Bank & Trust is an approved SBA lender and is accepting Paycheck Protection Program (PPP) loan applications for clients and non-clients. Please contact us to discuss your borrowing needs and the PPP application process. 

 

Instructions to Complete the PPP Application 
It is important that you complete your application accurately and submit the required documents below. Inaccurate and/or incomplete documentation will impact our ability to submit your application to the Small Business Administration (SBA).
 
1. Complete & SAVE A COPY OF the Loan Calculation Form - Click here to download
 
2. GATHER required documents BELOW TO BE INCLUDED WITH APPLICATION

  • Loan Calculation Form (provided above)
  • 2019 Business Tax Return or 2019 Fiscal Year-End Financials
  • If you are a Sole Proprietor – Schedule C (from Personal Tax Return) for 2019
  • If you are Self–Employed – Profit & Loss reflecting the most recent 12 months
  • Detailed List of Employees including salaries, commissions, and/or similar compensation
  • Form 941 – Employer’s Quarterly Federal Tax Return (for all quarters in 2019)
  • Form 940 – Employer’s Annual Federal Unemployment Tax Return
  • Form RT-6 – Florida Department of Revenue Employer’s Quarterly Report (for all quarters in 2019)
  • Form W-3 Transmittal of Wage and Tax Statements along with respective Form W-2’s for 2019 from each employee
  • Payroll report or equivalent reflecting information on or around 2/15/20

3. login to online banking TO SUBMIT SBA FORM 2483 - PPP APPLICATION AND THE REQUIRED documents ABOVE 
    (Applications will only be accepted via online submission through the dedicated portal. If you are an existing business client and have not enrolled for
    online banking please contact your bank officer.)