Important Coronavirus Update

The health and safety of our members and employees is our top priority. During this time, we strongly encourage you to take advantage of our Mobile App, Online Banking and our Member Services Call Center at 678-486-1111 for your financial needs.
For up-to-date information and additional details on how we are protecting our members and employees, please visit


Paycheck Protection Program Loans

We are here for you during these uncertain times. We understand during this time it can be an overwhelming to navigate your business’ next steps. That is why we are offering the Small Business Association’s Paycheck Protection Program Loans. The program provides cash-flow assistance through 100 percent federally guaranteed loans to employers who maintain their payroll during this emergency. If employers maintain their payroll, the loans would be forgiven, which would help workers remain employed, as well as help affected small businesses and our economy snap-back quicker after the crisis. PPP has a host of attractive features, such as forgiveness of up to 8 weeks of payroll based on employee retention and salary levels, no SBA fees, and at least six months of deferral with maximum deferrals of up to a year.

Small businesses and other eligible entities are able to apply if they have been harmed by COVID-19 between February 15, 2020 and June 30, 2020. This program is retroactive to February 15, 2020, in order to help bring workers who may have already been laid off back onto payrolls.

It is ultimately the responsibility of the borrower to determine what documentation they submit. Below are some examples of the type of documentation we can use to document the payroll expenses.  Please visit for further details.

Companies with Employees (Company Issues W-2’s)

One of the Following:

  • Federal Tax Form 941 for each quarter of 2019 (this is a quarterly report that shows how many employees the company has and how much was spent on wages in the prior quarter).
  • Federal Tax Form 940 (this is the annual form that aggregates the quarterly 941’s)
  • Form W-3 (annual summary of total wages paid by the company)

In addition, we will typically ask for each of the following items:

  • January & February 2020 Bank Statement or the 1st quarter 941 Federal tax form for 2020
  • Company Owners ID (front and back)
  • List of every owner of the company that has a 20% or greater stake in the company (with their percentage listed).

Companies that DO NOT have Employees Other than Themselves  (no W-2’s are issued)

  • If the company’s tax return is filed on the owner’s tax return (IRS Form 1040, Schedule C), the SBA requires that this document be provided, even if the 2019 tax return hasn’t yet been filed.  The company must also provide documentation to support the income reported on the Schedule C.  This can be in the form of IRS Form 1099-MISC, invoices, bank statements or book of record.
  • Validation of business activity on or around February 15, 2020, such as invoices, bank statement or book of record.
  • Company Owners ID (front and back)
  • List of every owner of the company that has a 20% or greater stake in the company (with their percentage listed).

Review The Small Business Owner’s Guide to the CARES Act by CLICKING HERE.

Loan Forgiveness Application & Instructions

To learn more contact us at 678-486-1111 or

Loans are available through June 30, 2020 or until funds are dispersed.