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25201 Chagrin Boulevard
Suite 120
Beachwood, OH 44122

Phone: (216) 359-5580
Fax: (216) 359-5581

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Welcome to the Paycheck Protection Program Forgiveness Page

From this page, you can find the latest updates, start the PPP loan forgiveness process, and ask us a general loan question.

Updated 3-26-21

Middlefield Bank PPP Loan Forgiveness Guide

For Help with your PPP Forgiveness Process, Click Here to View our PPP Loan Forgiveness Guide.

Video Tutorial 3508 S (use for loans under $150,000) https://vimeo.com/520956425/f240701e02 (7 minutes)            

Video Tutorial 3580EZ (use for loans greater than $150,000) https://vimeo.com/520958520/bd41a2de90 (14 minutes)

Ready to Apply For Forgiveness?

Please click the apply now button or copy and paste the URL into your browser https://middlefield.lenderscooperative.com. Internet Explorer is not fully supported. If you are encountering issues, please use another browser such as Chrome, Firefox, Safari. 

Middlefield Bank will not accept paper or email applications. You will need a valid email address to apply. Please consider whitelisting the following email addresses for PPP loan communications mbinfo@middlefieldbank.comdse_NA3@docusign.net, and no-reply@lenderscooperative.com


Other Updates:

If you have already used the online portal for your Second Draw PPP Loan, you can log in with the same credentials.

Loan Amounts of $150,000 or Less
Please use the one-page 3508S forgiveness application PLEASE DO NOT ATTACH ANY SUPPORTING DOCUMENTS TO YOUR FORGIVENESS REQUEST. The SBA may request information and documents to review those calculations as part of its loan review or audit processes. In this regard, borrowers must retain all employment records and payroll documentation for four years and all other documentation for three years from the date the loan forgiveness application is submitted to the lender.

As a reminder, the Paycheck Protection Program Flexibility Act of 2020 (Flexibility Act) extended the deferral period for borrower payments of principal, interest, and fees on all PPP loans. To the date that SBA remits the borrower’s loan forgiveness amount to the lender (or if the borrower does not apply for loan forgiveness, 10 months after the end of the borrower’s loan forgiveness covered period). The SBA does not require a formal modification to the promissory note. A modification of a promissory note to reflect the required statutory deferral period under the Flexibility Act will have no effect on the SBA’s guarantee of a PPP loan

If you are interested in an informational webinar about the PPP Forgiveness Process, please fill out the form below:

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    •   General Questions and Understanding
    •   Step-by-Step Instructions
    •   Technical Questions on Qualifications
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