PPP Application and Resources
SBA Paycheck Protection Program Application and Resources
Applying for a Loan
Update as of 4/12/21: The First Hawaiian Bank online PPP loan application portal will be closed on April 16, 2021 at 5:00 p.m. HST. Although the PPP Extension Act of 2021 extended the program deadline to May 31, 2021, we expect the funds to be exhausted before that date. We are closing our portal on April 16, 2021 to give us time to process as many applications as possible before the funds are exhausted.
No additional applications will be accepted once the portal closes. All applications that have been received prior to the portal closing will continue to be processed as long as the SBA funds are available.
First Hawaiian Bank will only be accepting PPP loan applications from existing business customers. This is to ensure that we can provide the service and support that our customers need throughout the application process. We are requiring all customers that decide to apply for a PPP loan to have a business checking or savings account with us. If you do not currently have one with us, click here to begin the account opening process online.
Use the following tool to assist you in the navigating the application portal:
Select the worksheet below that applies to you.
The Documentation Checklist and Payroll Calculator worksheet will assist you with determining your loan amount and documentation requirements. If you are a Schedule C filer who wants to use gross income to calculate your loan amount, select the applicable Schedule C option below. Otherwise, select the All Other Applicants option.
You will need to submit the completed Documentation Checklist and Payroll Calculator with your application.
First Time Applying for a PPP Loan
SBA First Time Draw Overview
The basic guidelines for first time applications are largely unchanged for most businesses.
At a high level, you are eligible to apply if:
Your organization has 500 or fewer employees (this number is 300 for certain types of businesses)
You are a sole proprietor, independent contractor, or eligible self-employed individual
You are an eligible tax-exempt non-profit, including churches
Second Time Applying for a PPP Loan
SBA Second Time Draw Overview
Businesses who have already secured a PPP loan can apply for additional assistance.
At a high level, you are eligible to apply if:
Your organization has 300 or less employees and has seen drops of at least 25% of gross receipts in 2020 compared to the same quarter in 2019
Your current loan does not need to be forgiven before you apply, but you must certify that you have exhausted your existing loan on qualifying expenditures prior to your second loan being funded