Paycheck Protection Program

Apply for the Paycheck Protection Program by March 31.

The Paycheck Protection Program (PPP) provides loans to help businesses keep their workforce employed during the Coronavirus (COVID-19) crisis. SBA is currently offering:

SBA also offers additional Coronavirus relief.


The JD Bank online portal for PPP loan origination is up and now accepting applications for new loans.  Several important items to keep in mind during the application process:

    1. When you access the portal for the first time, you will need to “Create Account.”
      1. You will be asked to provide your name, the name of the business, your email address and you will be asked to create a password.
    2. On subsequent visits to the portal, you will by-pass the “Create Account” task by clicking on “Sign In” in the top right corner of the form and entering your email address and the previously created password.
    3. Once in the portal, you will have five sections to review and complete:
      1. Business information: provide certain basic information about the business.
      2. Owners: Provide information about each person owning 20% or more.
      3. Loan Request:
        1. There are worksheets for you to print that will help you arrive at the average monthly payroll amount used to determine the loan amount. To assist us in our verification process, please scan and upload the worksheet in the Documents section.
        2. This section will also help you document that your 2020 revenues declined by 25% or more compared to 2019.
        3. You will be asked for the Loan Number and the Loan Amount related to the first PPP loan you received. The Loan Number can be found on your Note.
      4. Documents: help you to upload the necessary supporting documentation to JD Bank
      5. Questions and Certifications: walks you through a series of “Yes or No” questions that you must complete.
      6. The portal is designed so that you need not complete the entire process at one seating. You may go in and out of the portal until you are prepared to submit the application to JD Bank.

    As we previously communicated, the following is a list of key terms and eligibility conditions that apply when applying for a second PPP loan:

        • Loans will carry an interest rate of 1% and will mature in 5 years,
        • You must have 300 or less employees,
        • You must be able to demonstrate a reduction in gross receipts (revenues) for 2020 of 25% or more compared to 2019,
        • Borrowers must have used 100% of the loan proceeds received in their first PPP loan before receiving proceeds from round two. The borrower does not necessarily need to have applied for forgiveness prior to applying for and receiving round two proceeds, but the original proceeds must have been used, and
        • Eligible borrowers will calculate the new loan amount at 2.5 times of the average monthly payroll costs (3.5 times for borrowers in the hospitality industry).

    The link to the JD Bank portal is  You can copy the hyperlink address and paste it into your Google Chrome or Microsoft Edge web browser.  The portal will not open in Microsoft Explorer.  

  1. If you have specific questions about the portal, you may contact Mr. Drew Hayes at (337) 478-7779 Ext. 8234 or Mr. Dwayne Myrick at (337) 246-5405.  Thank you for the confidence that you have placed in JD Bank to allow us to assist you in this process.

COVID-19 Stimulus Scams

COVID-19 Stimulus Scams

Congress has recently passed a large COVID-19 relief and stimulus package. As with other aspects of the COVID-19 pandemic, fraudsters are exploiting the relief and stimulus to victimize the public. The U.S. Secret Service is observing a rise in stimulus relief fraud over the past several days and expect the fraud attempts to continue throughout the pandemic.

Criminal actors are using a variety of means to contact potential victims. In one instance, the criminal actors are using spoofed email addresses posing as U.S. Treasury officials requesting that the victim provide personal identifying information (PII), so that they can receive their share of the stimulus. A redacted example of an attack email is below:

Other than via email, criminal actors are contacting potential victims via SMS/text, robocalls, and other messaging platforms. Through texts, criminal actors are sending links which directs individuals to a website, which then prompts the potential victim to enter PII and other sensitive information, such as bank account numbers, email addresses, and passwords. See below for an example of an attack SMS sent to a potential victim.

The attack above contained the victim’s real name, giving the text an appearance of legitimacy. Official stimulus/relief information regarding COVID-19 will never be sent via text/SMS or on any other messaging platforms.

Foreign partners are also seeing an uptick in COVID-19 stimulus relief fraud. The U.S. Secret Service anticipates instances of similar fraud affecting U.S. citizens in the coming weeks. The method is the same- a potential victim will receive a text message directing them to a link. Once they reach the link, they are prompted to enter a variety of PII data. See below for another example of these SMS/Smishing attacks received by our foreign partners.

The U.S. Secret Service stresses that individuals seeking information about the stimulus/relief program to contact the specific government agency via its website for guidance. Individuals should follow protocols published by those government websites. During this time, it is stressed that the public maintain an increased vigilance when providing any PII or other privileged and protected information.

The U.S. Secret Service is working with domestic and foreign law enforcement partners, along with the private sector, to disrupt and dismantle COVID-19 related fraud schemes. If anyone has any information related to this alert, the GIOC can be contacted at

Click here to read the original PDF.