WebScratch partners with bank and non-bank lenders to manage loan forgiveness and servicing for Paycheck Protection Program (PPP) loans. We provide full end-to-end servicing of … WebBorrowers use the Scratch Borrower Portal to manage their loans and get personalized support from our team of Loan Guides. Welcome! Email address or mobile number
Scratch Loan servicing reimagined
WebOnce approved, get funds deposited in your bank account in as quickly as a few hours if you choose our bank wire option ($15). Or, choose our free ACH transfer option which typically gets funds deposited the next business day, although it may take up to three. WebYou may submit a loan forgiveness application any time on or before the maturity date of the loan, which is either two years or five years from loan origination. However, if you do not apply for loan forgiveness within 10 months after the last day of your covered period (in this case, the SBA assumes you are using the maximum length 24-week ... fushionsite
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WebLogin With Email or Phone Number. Email or Phone Number. Send My Login Link ... Approval and loan forgiveness are subject to your ability to meet government-set eligibility requirements. Learn more. PPP borrowers are eligible for up to 2.5x monthly payroll costs for their initial PPP loan, as well as any second draw. If your business falls ... WebIf you have a PPP loan serviced by Scratch, you will receive a welcome email from Scratch and can log into your account at my.scratch.fi to complete and submit your loan forgiveness application. Hours We're available during the hours of 9AM - 8PM Monday through Thursday and 9AM - 5PM Friday ET. See below for the 2024 holidays we observe. Webauthority to make PPP loans through March 31, 2024, revising certain PPP requirements, and permitting second draw PPP loans. This interim final rule consolidates prior rules related to forgiveness and reviews of PPP loans and incorporates changes made by the Economic Aid Act, including with respect to forgiveness of second draw PPP loans. fushion sleeper loveseats