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Loan Forgiveness

What you need to know.

Loan Forgiveness for First Draw Borrowers

  • BlueVine is no longer accepting new loan forgiveness applications.
  • If your application is already in progress with us, we encourage you to complete it as soon as possible. If you don’t complete your application with us soon, you’ll need to reapply with either our bank partner or the SBA. Avoid having to start over and finish your application today.
  • If your loan is over $150,000 and was provided through our partner Celtic Bank, you’ll need to apply for forgiveness through Celtic. You may contact them at (800) 509-6191 or PPPForgiveness@CelticBank.com.

Loan Forgiveness for Second Draw Borrowers

  • BlueVine is not accepting Second Draw loan forgiveness applications.
  • Second Draw Borrowers are invited to apply directly with the Small Business Administration (SBA) if their loan is under $150,000. Apply using the SBA’s streamlined application today.
  • If your loan was provided through our partner Cross River Bank, you should have received an invitation to apply for loan forgiveness through the loan servicer Scratch.
  • If you have questions about your Celtic Bank PPP loan, you may contact them via email at (i) pppforgiveness@celticbank.com for forgiveness inquiries, or (ii) loanservicing@celticbank.com for all other servicing/payment matters. You can also reach Celtic Bank by phone at (800)509-6191.

Borrowers who had their loans originated through another servicer (not BlueVine) should reach out to the loan servicer and/or bank provider.

Loan Forgiveness

If BlueVine is managing your loan forgiveness process, we’ll email you with more information. Borrowers will have at least 30 days to apply for loan forgiveness before repayments begin. BlueVine is currently inviting 2020 First Draw borrowers to apply for loan forgiveness. If you’ve submitted your forgiveness application, no repayments will be due while the Small Business Administration is reviewing your application.

We’ll contact 2021 PPP borrowers closer to the end of their covered period with more information about how to apply for loan forgiveness.

Loans will be available through May 31, 2021

Funds subject to SBA availability

Apply now