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Coronavirus (COVID-19): Business Guidance & Loan Resources


Paycheck Protection Program Loans (1/15/2021)

The Bank is happy to again participate in the (PPP) as we do our part in supporting our business community. There are two (2) separate and distinct programs broadly outlined below.

First Draw Applications

If a borrower hadn’t participated in the first PPP Program launched last year, you have the opportunity to participate in this program. You will need to provide the following:

  • Complete an SBA Application Form 2483. Us the buttons below.
  • Financial and Payroll Data required by the SBA per the 2483 application instructions;
  • If you are a new customer to Wayne Bank, you will need to provide Corporate Formation Documents and Government Issued ID and beneficial owner documents;

Online SBA PPP First Draw Application


Securely Submit Supporting SBA Documents


PDF SBA PPP First Draw Application (Submit to a Lender)


Second Draw Applications

If a borrower received a PPP Loan through Wayne Bank before, you will have an abbreviated application process.

  • Complete an SBA Application Form 2483-SD. This form will be made available on this page as soon as Wayne Bank is authorized by the SBA to begin accepting application. We expect this to be Tuesday, January 19, 2021.
  • If the loan request is greater than $150,000, you must provide documentation sufficient to demonstrate at least a 25% reduction in gross receipts between comparable quarters in 2019 and 2020;
  • If the loan is $150,000 or less, you will need to provide this same information at the time of forgiveness;
  • If the borrower is designated with a NAICS Code 72 (typically restaurants and hotels) they are permitted to use a 3.5x multiplier of their average monthly payroll costs in determining the maximum loan amount up to $2 million cap.

Online SBA PPP Second Draw Application


Securely Submit Supporting SBA Documents


PDF SBA PPP Second Draw Application (Submit to a Lender)


Loan Forgiveness Update

Loans Under $150,000 - In light of the recent news from SBA pertaining to loans under $150,000, we will be streamlining the forgiveness process. The SBA has released the updated 3508S Forgiveness form that can be found below.


Online SBA PPP $150,000 or Less 3508S Forgiveness Form


PDF SBA PPP $150,000 or Less 3508S Forgiveness Form (Submit to a Lender)


Loans Over $150,000 These Borrowers should continue to use the Cares Compliance Portal.

Accessing the Borrower Portal - Only for Loans Over $150,000

Please use the link below to access the Portal. If you are experiencing difficulty logging into the Borrower Portal, you may e-mail This email address is being protected from spambots. You need JavaScript enabled to view it. for assistance.


Click for PPP Loan Forgiveness Portal


Wayne Bank is ready and able to assist our customers during these challenging times. For customers with an established relationship, please do not hesitate to reach out to your lender for questions.

Additional Contacts

Call 1-800-598-5002 | Meet our Team of Business Lenders | Find a local Wayne Bank Office | Additional Coronavirus Information