When will I know if my Forgiveness Application (for my PPP Loan funded in 2020) is approved by the SBA?

If approved by the SBA, the status of your forgiveness application will show as “complete” in the Spark Online Forgiveness Portal: https://sbacomplete.lendwithspark.com/. Once loan forgiveness funds are received from SBA, our Commercial Loan Servicing Department will process the SBA payment to the PPP Loan, for the approved forgiveness amount. An SBA Forgiveness Approval Letter will be mailed to the business address we have on record, within 30-days of receiving the payment from the SBA. If any questions, the Commercial Loan Servicing Department can be reached at commercialLS@fremontbank.com or (925) 315-3850.