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SBA Paycheck Protection Program

Iowa State Bank is prepared to meet the financial needs of our customers during the challenging times ahead.

The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the COVID-19 pandemic and economic downturn. The SBA Paycheck Protection Program, provides 100% federally guaranteed loans to small businesses who maintain their payroll during this emergency. As a SBA Lender, we are offering the Paycheck Protection Program for our customers. 

CLICK HERE to view the SBA Paycheck Protection Borrower Fact Sheet

CLICK HERE for Overview of ISB Letter to Applicants

CLICK HERE to view Frequently Asked Questions (5/27/2020)

CLICK HERE to view Loan Forgiveness Application (Revised 6/16/2020)

CLICK HERE to view Loan Forgiveness Application Instructions (Revised 6/16/2020)

CLICK HERE to view Loan Forgiveness Application Form EZ

CLICK HERE to view Loan Forgiveness Application Form EZ Instructions