SBA Paycheck Protection Program:

Bank of Madison is committed to helping small businesses navigate COVID-19 loan relief options. Payroll protection is a vital part of helping businesses find relief.


Eligibility:

For eligibility requirements, click here:

https://home.treasury.gov/system/files/136/PPP%20Borrower%20Information%20Fact%20Sheet.pdf


Application:

APPLICATION FOR SBA PAYCHECK PROTECITON PROGRAM (PPP), click here: 

https://home.treasury.gov/system/files/136/Paycheck-Protection-Program-Application-3-30-2020-v3.pdf


List of Document Requirements:

  • PPP Loan Application (found in the link above)
  • 2019 IRS Quarterly 940, 941 or 944 payroll tax reports
  • Payroll reports for a twelve-month period (ending on your most recent payroll date), which will show the following information:
    • Gross wages for each employee, including officer(s) if paid W-2 wages
    • Paid time off for each employee
    • Vacation pay for each employee
    • Family medical leave pay for each employee
    • State and local taxes assessed on an employee's compensation

*In order to submit documents you will need a secure login.  Please send an email to: ppp@bankofmadisonga.com and we will reply with an email on how to send these documents securely.  Do not send any confidential information in an unsecured email.

*A loan officer will contact you regarding the status of your application.

*Pending verification of all completed documents by Bank of Madison, an application will be submitted to SBA for approval.

 

Main Office

133 North Main Street
Madison, GA 30650

(706) 342-1953

Eatonton Road

1540 Eatonton Road
Madison, GA 30650

(706) 342-1953

Bank of Social Circle

A Division of Bank of Madison
1281 N. Cherokee Road
Social Circle, GA 30025

(770) 464-0213

“Lake Country” Loan Production Office
1001 Founders Row, Suite 101
Greensboro, Ga. 30642

(762) 445-1133

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