Important Notice
Javascript must be enabled to view this website, please enable Javascript and reopen our website.
Skip to main content
  Important Updates
We are here for you. Important Updates Regarding Coronavirus. Read More

Learn about all the ways Spencer is creating a safe and secure environment. Read More

We continue to stay committed to you during this difficult period. View an updated message from our Chairman, President and CEO. Read More

The Passaic Street (Garfield) location is currently closed. During this time, please visit one of our alternate financial centers if needed. Bank Locations

PPP Loan Forgiveness Documents

PPP Loan Forgiveness Documents

To Our Valued Paycheck Protection Program Customers,

As a friendly reminder, the Small Business Administration (SBA), in consultation with the Department of the Treasury, has begun providing guidance regarding forgiveness of the Paycheck Protection Program (PPP) loans, as provided under section 1106 of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), as amended by the Paycheck Protection Program Flexibility Act (Flexibility Act).

As of August 10, 2020, the PPP Forgiveness Platform went live and Spencer Savings Bank began accepting applications. To help keep you informed and get a head start, we are providing additional information. Please click on these links below to learn more information, complete the application and send us your documents.

Application Instructions
Application Form
Application Form – 3508EZ
Spencer DocDrop Website

Spencer Savings Bank remains committed to the business community and to helping our clients navigate through this process. Please contact our Customer Service Center, your personal Spencer banking representative, or Ben Davis below for any questions regarding the PPP Loan Forgiveness Platform. We thank you for being a valued client.

Contact Us

Customer Service

Ben Davis
Small Business Lending Coordinator
201-703-3800, ext. 8277