Paycheck Protection Program 2021

Local businesses are the fabric of our community. During these unprecedented times, we are here to help you take care of your employees, your customers and our community.
Warsaw Federal will be accepting applications for the SBA’s Payroll Protection Programs (PPP) loans.

This loan program is available to businesses that received previous PPP loans (Second Draw) and to businesses who are applying for the first time (First Draw). The focus of this loan program is to help smaller businesses and includes restaurants, not-for-profit organizations and other types of businesses that were not eligible previously.

The criteria and applications are different for the second and first draw groups so please follow the instructions that matches your situation. Due to the new FAQ from the SBA released on 1/19/21 we are requesting all PPP Draw 2 applications submitted going forward include the applicants signature & date on the first page of their unaudited financial statements and their initials on all other pages attesting to the statements accuracy. 
Our goal is to process your application as quickly as possible and get you the financial help you need.

If you have questions about the PPP loan program or the application process, please contact to Sam DeBonis at

Please note Warsaw Federal is working with First Mutual Bank, an affiliate partner of Warsaw Federal, to assist in processing these applications. Borrowers may receive emails from First Mutual Bank requesting additional information and/or clarification to complete your application.

For detailed information on SBA programs for the coronavirus, visit and for information on all federal programs, visit or (en EspaƱol).