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Paycheck Protection Program Application & Forgiveness Info


Paycheck Protection Program Forgiveness Guidelines


The Paycheck Protection Program (PPP) provides small businesses with funds to help cover payroll and certain essential expenses, including mortgage interest, rent and utilities.

Small Businesses, eligible Nonprofit Organizations, Veterans Organizations, and those who are self-employed and those who are self employed or independent contractors, are all eligible to receive funds from the PPP if they meet the program size standards. 

The partial or full loan amounts will be forgiven as long as the borrower meets these requirements: 

  • The funds received are used to cover payroll, mortgage interest, rent, and utility costs over the first 8 weeks after the loan is made.
  • Employee and their compensation levels are maintained. 

Loan Payments will be deferred for 6 months. 


Business owners can apply by filling out the APPLICATION (Updated 4/2/20), uploading it HERE and a NobleBank loan officer will contact you shortly. Along with your application, you will need to submit one or more of the following documents:

All Applicants:

  1. PPP Borrower Application (completed & e-signed) 
  2. Payroll expense supporting documents
    1. If using 2019 payroll expenses (one or more of the following):
      • 2019 W-3, Form 940, or quarterly Form 941’s (for all four quarters of the year, please)
      • 2019 payroll report from your third-party payroll processor
      • Form 1099-MISC if you are an independent contractor
      • Schedule C if you are a sole proprietor or self-employed
      • Bank statements or other supporting documentation
      • (if applicable) Group health care benefit payments/premiums
      • (if applicable) Retirement benefits
    2. If using Last 12 Months payroll expenses (one or more of the following):
      • 2019 W-3 or 940 and 1Q20 941
      • Payroll report for these 12 months from your third-party payroll processor
      • Form 1099-MISC (plus 1Q20 info) if you are an independent contractor
      • Schedule C (plus 1Q20 info) if you are a sole proprietor or self-employed
      • Bank statements or other supporting documentation
      • (if applicable) Group health care benefit payments/premiums
      • (if applicable) Retirement benefits
    3. Seasonal businesses who elect to use 2/15/19-6/30/19 to calculate average monthly payroll cost should provide supporting documents for that time period such as above.
    4. New businesses who use 1/1/20-2/19/20 to calculate average monthly payroll cost should provide supporting documents for that time period such as above.

New Customers:

If you are not currently a loan customer of NobleBank, we will also need the following documents before we can prepare your loan documents:

  1. Entity documents – Articles of Incorporation & by-laws or Articles of Organization/Certificate of Formation and Operating Agreement (if applicable)
  2. Name(s), corporate title(s) and Social Security # of primary company officers who are authorized to sign loan documents on behalf of the borrower.
  3. Copy of drivers license(s) for the authorized individual who will sign the loan documents

Upload your application and supporting documents HERE

Please upload supporting documents as separate files. 

If you are a business owner, you can find more information about the program qualifications here.

The Paycheck Protection Program is implemented by the Small Business Administration. If you have questions about this program or would like to learn more, please visit, or click here



The Emergency Injury Disaster Loan (EIDL) is a second option that is open to more businesses than the Paycheck Protection Program and designed to help small businesses overcome temporary loss of revenue. 

The EIDL process is administered and completed by the Small Business Administration (SBA). You can apply by visiting their website


04/02/2020 3:30PM

NobleBank & Trust, in conjunction with the Alabama Bankers Association, would like our small business partners to be assured that we are working diligently to provide clear and concise instruction on how to take advantage of the Paycheck Protection Program. 

The Small Business Administration has informed the public that this program will begin on Friday, April 3rd, 2020. As of today, the 2nd of April, banks in the State have not received the rules and regulations from the SBA needed to implement this process. 

At NobleBank we stand ready, and look forward to working with our small business customers during this difficult and stressful time. As soon as final guidance from the SBA is received we will begin processing the Paycheck Protection Program. 

Our business customers should expect an email from NobleBank with all needed information about the PPP and where they can apply, the moment that information is made available to us.

03/27/20  1:30PM 

We realize many of our Business Customers are being impacted by the current Coronavirus situation and we are eagerly working to provide you with the resources you need to sustain your business and workforce during this event. Today, Congress approved a new small business loan program, the Paycheck Protection Program, that provides loans of up to $5,000,000 for businesses with up to 500 employees that can be partially forgiven by meeting certain requirements. We anticipate being able to handle these loans for our customers since banks will administer this program, but the SBA (Small Business Administration) has not yet issued directions for how this program will be implemented. As soon as this information is available, we will notify our customers so we can provide funds to you as quickly as possible once the program is activated.

In the meantime, we have several options available to help you, so please contact your NobleBank banker today to let us know your situation so we can find the right solution to support you and your business.

Please continue to check this page for regular updates regarding this loan program and other areas affected by COVID-19. 

03/17/2020 4:00PM

With the ever changing environment of COVID-19, NobleBank & Trust has decided the best way to protect our customers and employees is to take the recommendation of the CDC by social distancing. We will close our lobbies, beginning on Wednesday, March 18th, 2020. Our Drive-Thru lanes will remain open to serve customers with regular business hours. 

We will update this page as we continue to monitor the situation.

03/12/2020 4:45PM

NobleBank & Trust is continually monitoring the spread of COVID19, Coronavirus, and want to continue open communication with our communities. The safety of our customers and employees is, as always, our top priority. 

Our branches remain open and our staff is taking the necessary precautions to insure clean and healthy working conditions. We have increased the frequency of cleanings, including daily sanitation of high traffic areas and all customer used surfaces.

Please remember that you can access many of your banking needs by phone, atm, online or by mobile device.  

Our online banking service is available through our website, where you can locate your account activity, pay bills and transfer money to other accounts or another person. If you have not enrolled in online banking, you will need your account number and last statement balance for your first login, so make sure to have those on hand. 

Our mobile app, available for download on Google Play or in the Apple App Store, is another way to manage your account from home. There you can deposit checks into your account, transfer money through Person-to-Person Payments, and access your account activity. 

Telephone banking is another great resource available 24 hours a day. By calling 1-866-421-2024 you can check your account balance, recent account transactions and make loan payments.

We will continue to update our website and social media with information regarding branch openings. For the most accurate information on the Coronavirus and how to protect yourself, visit the Center for Disease Control at