Smart Start Checking
Are you ages 15 to 25? This program was created just for you!
Program Details Here »
Our new prize-linked savings account!
Account Details Here »
Because Banking Should be as Mobile as You Are
Get the App »
Log in to Online Banking
I forgot my password
We are committed to helping you overcome whatever financial challenges you may be facing because of COVID-19.
Ripco Credit Union IS CURRENTLY submitting 2nd Draw Payroll Protection Program (PPP) loans for your business.
If the Coronavirus has negatively impacted you or your business, we are here for you.
Payroll Protection Program (PPP)
Top-Line Overview of Second Draw PPP (1-8-2021)
SBA Restaurant Revitalization Funding Program
US Dept of the Treasury
Small Business Administration (SBA) Resources
WE RECOMMEND REVIEWING THE US DEPARTMENT OF TREASURY WEBSITE PRIOR TO APPLYING.
NOTE: YOU WILL NEED TO CALCULATE YOUR AVERAGE MONTHLY PAYROLL BEFORE FILLING OUT YOUR APPLICATION.
Collect the following supporting documentation in order to assist in completing the PPP application. NOTE: More specifically to utilize in completing the Average Monthly Payroll field on the PPP application.
Utilize these documents to calculate and support the Average Monthly Payroll input used for determining your eligible loan amount.
Program rules, eligibility, reimbursements, approvals and other program material are NOT determined by Ripco Credit Union and are determined by SBA and/or the Federal Government.
Follow these three easy steps to apply.
Calculate, fill out and sign:
Collect documents verifying:
Documentation Examples: Payroll records, W3s, IRS 940s or 941s, and Tax Returns
Once you have completed and collected all documentation, you will contact your loan representative at 715.365.4800 or transfer your document file to your Virtual StrongBox using It'sMe247. Watch the short video below for instructions.
How to Use Virtual Strong Box
Program eligibility requirements are established by the SBA as part of the CARES stimulus package. This program is for any small business with less than 500 employees – including sole proprietorships, independent contractors, and self-employed persons, private non-profit organizations or 501(c)(19), and veterans organizations affected by coronavirus/COVID-19.
Possibly, providing an applicant meets the criteria set by the SBA.
Applicants are strongly encouraged to review the SBA's rules on forgiveness. To learn more visit the SBA website.
Once you have completed and collected all documentation, you can contact your Ripco loan representative at 715.365.4800 or transfer your document file to your Virtual StrongBox using It'sMe247. Instructional Video located above.
No. The EIDL (Economic Injury Disaster Loan) is a loan handled through the SBA, NOT your local lender. You must apply directly through the SBA. You will find additional information at the US Department of the Treasury - CARES Act.
PPP borrowers must apply for loan forgiveness with the lender that processed the loan.
Under the Paycheck Protection Program (PPP) created by the CARES Act, loans may be forgiven if borrowers use the proceeds to maintain their payrolls and pay other specified expenses.
Visit the US Department of the Treasury website to check for potential changes and the latest application information.
PLEASE NOTE: WE ARE PROVIDING THIS INFORMATION AS A COURTESY. WE ARE UNABLE TO HELP PROCESS THESE APPLICATIONS. ALL QUESTIONS, PHONE CALLS AND REQUESTS FOR HELP SHOULD BE DIRECTED TO THE SMALL BUSINESS ADMINISTRATION (SBA) OR BY CONTACTING THEIR CALL CENTER SUPPORT AT 1.844.279.8898 DURING BUSINESS HOURS.
The U.S. Small Business Administration (SBA) is awarding funding through the Restaurant Revitalization Program to restaurants, bars, and other similar places of business that serve food or drink. The purpose of this funding is to provide support to eligible entities that suffered revenue losses related to the COVID-19 pandemic.
Please review the following information to determine qualification status:
Step by Step Video Overview Provided by the SBA
Step by Step Video Overview