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PPP EZ Loan Forgiveness Form - Instructions, Checklist, & Application

You (the Borrower) can apply for forgiveness of your Paycheck Protection Program (PPP) loan using this SBA Form 3508EZ if your PPP loan amount is more than $150,000 and you can check at least one of the two boxes on the checklist. 

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Branch Lobbies Now Open

We're so happy to see you again! Our branches have re-opened effective April 19, 2021, with normal business hours. Thank you for your patience and understanding as we continued to do our part to keep our customers and employees safe during our closure due to the COVID-19 pandemic.

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Paycheck Protection Program Loan Forgiveness Update

As part of the Consolidated Appropriations Act, 2021 (the “Act”) that was passed on December 27, 2020, borrowers with Paycheck Protection Program (PPP) loans up to $150,000 will have an opportunity to take advantage of a simplified loan forgiveness process. On January 19, 2021, the SBA implemented this provision of the Act by releasing PPP Loan Forgiveness Form 3508S (“S Form”). Adirondack Bank (“the Bank”) is now accepting loan forgiveness applications on the S Form for those who qualify.

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PPP Loan Reimbursement Scam Alert

We have recently been informed that several individuals have received a notice from the Small Business Administration in regards to reimbursement of their Paycheck Protection...

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Unemployment Benefits Scam Alert

We have been informed that several individuals have received information from the New York State Department of Labor related to an application for unemployment benefits filed by the individual, when in fact the individual had not filed for unemployment benefits at all.

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FDIC: Insured Bank Deposits are Safe; Beware of Potential Scams Using the Agency's Name

In light of recent developments related to the coronavirus, the Federal Deposit Insurance Corporation (FDIC) is reminding Americans that FDIC-insured banks remain the safest place to keep their money. The FDIC is also warning consumers of recent scams where imposters are pretending to be agency representatives to perpetrate fraudulent schemes.

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