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CORPORATE OFFICE

Level One Bank

32991 Hamilton Ct.
Farmington Hills, MI 48334
Phone: 248-737-0300

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MORTGAGE LOAN CENTER

Level One Bank

1328 S Main Street
Ann Arbor, MI 48104
Phone: 734-213-1515

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BANKING CENTERS

ANN ARBOR

Level One Bank

195 N. Maple Road
Ann Arbor, MI 48103
Phone: 734-794-5225

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ANN ARBOR

Level One Bank

125 W William St.
Ann Arbor, MI 48104
Phone: 734-761-1475

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ANN ARBOR

Level One Bank

3930 South State St
Ann Arbor, MI 48108
Phone: 734-418-9995

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BIRMINGHAM

Level One Bank

1712 West Maple Road
Birmingham, MI 48009
Phone: 248-723-4800

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BLOOMFIELD

Level One Bank

6450 Telegraph Road
Bloomfield Hills, MI 48301
Phone: 248-406-8905

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BLOOMFIELD

Level One Bank

37100 Woodward Avenue
Bloomfield Hills, MI 48304
Phone: 248-530-7401

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DETROIT

Level One Bank

1420 Washington Boulevard
Detroit, MI 48226
Phone: 313-309-9980

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FARMINGTON HILLS

Level One Bank

30095 Northwestern Highway
Farmington Hills, MI 48334
Phone: 248-865-1300

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FARMINGTON HILLS

Level One Bank

30201 Orchard Lake Road
Farmington Hills, MI 48334
Phone: 248-737-1110

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FERNDALE

Level One Bank

22635 Woodward Avenue
Ferndale, MI 48220
Phone: 248-414-6500

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Grand Rapids

Level One Bank

2355 Burton St. SE
Grand Rapids, MI 49506
Phone: 616-827-4400

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JACKSON

Level One Bank

611 N Wisner
Jackson, MI 49202
Phone: 517-917-0908

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NORTHVILLE

Level One Bank

20550 Haggerty Road
Northville, MI 48167
Phone: 248-380-6590

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NOVI

Level One Bank

44350 W. 12 Mile Road
Novi, MI 48377
Phone: 248-735-1000

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Rochester Hills

Level One Bank

1880 S. Rochester Road
Rochester Hills, MI 48307
Phone: 248-710-3700

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STERLING HEIGHTS

Level One Bank

43683 Schoenherr Road
Sterling Heights, MI 48313
Phone: 586-412-1800

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SBA Paycheck Protection Program (PPP)

If you have been approved for a PPP loan and need to apply for loan forgiveness, please review the information below and click the orange button 'PPP Forgiveness Application' to begin the process. If you have any questions or need assistance with your PPP loan or the forgiveness application, please contact your relationship banker or one of our banking centers. 


PPP Loan Forgiveness Update 9/15/2020

We are now accepting forgiveness applications via our online portal. Click the button below to access the portal.

 

Video tutorials for submitting your application:


PPP Loan Forgiveness Update 9/14/2020

On Tuesday, September 15, we will begin accepting forgiveness applications via our online portal. At that time, we will provide a link to access the portal on our website.

If you would like to be prepared in advance, review and complete the fields in the appropriate application below as this will make the transition to the online version quicker. To determine if you are eligible to apply for forgiveness using SBA Form 3508EZ, please reference this checklist provided by the SBA.

  • Form 3508EZ (see 3508EZ instructions for borrowers, and go to Page 4 for a list of supporting documentation required to apply)
  • Form 3508 (see 3508 instructions for borrowers, and go to Page 6 for a list of supporting documentation required to apply)

PPP Loan Forgiveness Update 6/17/2020

On June 17, the SBA and Treasury released a revised, borrower-friendly Paycheck Protection Program (PPP) loan forgiveness application implementing the PPP Flexibility Act of 2020, signed into law by President Trump on June 5. In addition to revising the full forgiveness application, the SBA also published a new EZ version of the forgiveness application that applies to borrowers that:

  • Are self-employed and have no employees; OR
  • Did not reduce the salaries or wages of their employees by more than 25%, AND did not reduce the number or hours of their employees; OR
  • Experienced reductions in business activity as a result of health directives related to COVID-19, AND did not reduce the salaries or wages of their employees by more than 25%.

The EZ application requires fewer calculations and less documentation for eligible borrowers. Details regarding the applicability of these provisions are available in the instructions to the new EZ application form found below.

Both applications give borrowers the option of using the original 8-week covered period (if your loan was made before June 5, 2020) or an extended 24-week covered period. These changes will result in a more efficient process and make it easier for businesses to realize full forgiveness of their PPP loan.


 
 

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Additional COVID-19 Resources 

For information about hardship assistance programs offered by Level One Bank, and for the latest updates on banking center access and other resources, please visit our dedicated COVID-19 page. 
 

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Need help?

Contact our team of financial professionals to learn more about our products and services.


24/7 Customer Support

Call or chat with a real person. Nights, weekends and most holidays.

Thank you for visiting https://www.levelonebank.com/PPP
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