SBA Paycheck Protection Program Application (Updated 8/03/2020)

Update: Monday, August 3, 8:00 AM MST

If you have been working directly with an Alpine Bank relationship officer, contact him or her via email or direct phone extension during business hours. If you are not currently working with an Alpine Bank relationship officer, you may submit your application materials via the email address listed in Section 3 below.

Alpine Bank is only able to accept and process SBA PPP applications for Alpine Bank business customers of record as of end-of-business on Friday, July 31, 2020. The deadline for submitting applications to the SBA is August 7, 2020 at 5:00 pm.

Information on requirements and eligibility, along with application materials for the SBA PPP, may be found at the U.S. Department of the Treasury website

To apply for an SBA 7(a) Guaranty under the SBA PPP through Alpine Bank, please complete the following:

Resources to complete the application materials:

IMPORTANT NOTE: Alpine Bank will also require that the release contained in the following link be completed by the party who will endorse bank loan documents and submitted with SBA PPP application materials. Until further guidance is issued by the SBA and/or Department of the Treasury, Alpine Bank will be unable to process SBA PPP applications without an executed release.
Paycheck Protection Program Release (PDF)

  1. SBA Loan - CARES Act - Document Checklist: Compile support documents items: 1, 2, 3, and 4, as needed. At a minimum support documents: 1 & 2. If you plan to include retirement benefit and health care benefits, we will need support documents 3 and 4. These items will help you calculate the figure needed to complete the attached application.

  2. Please thoroughly complete the application and initial, sign and date where indicated. IMPORTANT NOTE: The SBA has been clear that only COMPLETE applications can be accepted for processing. If, in the sole discretion of Alpine Bank or the SBA, materials received by Alpine Bank are deemed not to comply with SBA PPP Application Requirements for complete applications, then such materials will be deemed invalid for SBA processing and returned to the sender for completion and resubmittal. In the sole discretion of Alpine Bank or the SBA, only materials meeting SBA Application Requirements will be deemed an SBA PPP Application. Complete applications ONLY are eligible to enter the SBA processing queue. Incomplete materials will have no standing nor processing status or priority. Incomplete applications may be rejected by the SBA.

  3. Once you have completed the above steps, please send your application materials to the Alpine Bank Relationship Officer you have been working with on this PPP, or securely send the following items via email to [email protected].
    Note: Please do not zip files prior to sending.

IMPORTANT NOTE: Both the SBA and Alpine Bank's processing team continue to work on more effective processing solutions, so transmission instructions and requirements may change without notice. PLEASE be sure to check this page on Alpine Bank's website to re-verify application submittal instructions and information. Please be advised that receipt of complete applications by Alpine Bank is no guarantee that said applications will be processed. Alpine Bank will continue to make good faith best efforts to process received applications, but Alpine Bank cannot accept responsibility for the functionality and availability of SBA assets and resources. Also, unfortunately there is no available solution to allow applicants to track the status and progress of completed applications.

The SBA will make the final determination on terms and conditions for PPP 7(a) Guaranties approval. SBA PPP loan forgiveness shall be subject to SBA Interim Final Guidance issued April 2, 2020 and any subsequent guidance issued by the U.S. Department of the Treasury and/or the SBA.

As of the published time of this memo, Alpine Bank's continued primary objective is to make best efforts to secure SBA 7(a) Guaranties for applicants under the SBA PPP as is possible...BUT there is NO guarantee that all applications submitted and processed will receive SBA PPP 7(a) Guaranties. Alpine Bank will be working under a good faith assumption that SBA will provide SBA PPP 7(a) Guaranties for as many applications received as possible. A completed and submitted application is no guarantee that an SBA PPP 7(a) Guaranty needed to fund your loan will be approved.

Please be aware that many important questions about this program still remain, and Alpine Bank continues to do its utmost to get answers to these questions. As a result, there is reasonable probability that this program, application materials and processing may change without notice.

If you have further questions, please contact your Alpine Bank Relationship Officer.

Regards, take good care,

Glenn Davis
Chief Retail Officer
Alpine Bank

SBA Paycheck Protection Program Forgiveness (Updated 6/17/2020)

Update: Wednesday, June 17 9:00 AM MDST

The SBA and Treasury Department have released updated guidance to the SBA’s Paycheck Protection Program (PPP) based on House Bill H.R. 7010. The House Bill made a number of important changes which modify how PPP loan funds can be forgiven via this program.

While these new documents provide some valuable insight for our borrowers, the bank is still waiting for guidance from the SBA on how to submit these materials to the SBA for loan forgiveness.  As such, Alpine Bank will not begin accepting SBA PPP forgiveness applications until further notice.

In the meantime, we refer applicants to the following links on the program:

Details regarding the process for applying for loan forgiveness were updated and  released by the SBA on Wednesday, June 17, 2020.

  • Loan Forgiveness Instructions & Application Form EZ



  • Loan Forgiveness Instructions & Application Form



We will continue to monitor all new information from Treasury, the SBA and industry advocacy organizations as it becomes available, and as always we will keep this site updated with new information as appropriate.

We are with you in hoping that the current pandemic conditions subside soon and that normalcy and our Colorado lifestyles can resume. In the meantime we wish each and every one of you and your families and friends all the best.

Regards, best wishes and take great care,

Glenn Davis
Chief Retail Officer
Alpine Bank

SBA Paycheck Protection Program Job Retention Clarification

Updated: Friday, July 17, 2020

Small Business Administration, Paycheck Protection Program update:

Job Retention Clarification

The number of jobs saved by the Small Business Administration’s Payroll Protection Program (SBA PPP) will be determined by the results of SBA’s loan forgiveness process which has not yet been shared with participating banks nor borrowers.

Some recent erroneous media reports have created confusion and spread misinformation about how many jobs the PPP rescue loan program has preserved. The fact is we won’t know that number until the SBA has completed its loan forgiveness decisions—a process which has not begun.

Some current confusion is related to the SBA PPP loan application providing space to list jobs expected to be retained by the loan, but not requiring this information to submit the application or receive a loan. As a result, many approved loan applications left this part of the form blank. Some have interpreted this to mean no jobs have been saved by these loans which is absolutely incorrect.

While the number of jobs retained was not a requirement for SBA loan approval, it is a requirement and the foundation for the amount of the loan which will be forgiven by the SBA.

We will keep our website updated with new information from the Treasury and SBA regarding PPP loan forgiveness.

Glenn Davis
Chief Retail Officer
Alpine Bank

Alpine Bank COVID 19 Deferral Program

The program works as follows:

  1. Alpine Bank will defer your loan payments. This does not mean that you do not owe the payment (including interest); it simply means you are not obligated to make payments on the loan for the next 90 days.
  2. The impact of the deferred payments-including the interest that accrues on your loan-will be applicable to your final payment (or when it pays off, if in advance of the loan's contracted maturity).
  3. After 90 days, you will be expected to resume normal payments. If you do not feel that this will be possible or will need other accommodations, please discuss with your loan officer.
  4. If currently escrowing for taxes or insurance with your loan payment-we ask that you make the escrow payments during this time period. If you do not feel this is feasible and are unable to make the escrow payments, when payments resume they will be applied to the outstanding escrows due prior to being applied to any interest or principal.

Thank you for being a loyal Alpine Bank customer.

Please contact your loan officer if you have any other questions or concerns.


Alternative Banking Options

  • Bank online with Alpine Online®. Learn More
    • Pay companies and individuals electronically
    • Transfer money to and from your Alpine accounts and other financial institutions
  • Bank anytime, anywhere with our AlpineMobile® app. Find us on the app store on your iPhone, iPad or Android device(1). Must be enrolled in Alpine Online banking. Learn More
    • Deposit checks into your account(2) via smart phone or tablet
    • Pay companies and individuals electronically
  • Apply for a personal checking account online here.
  • Visit a surcharge-free ATM-Alpine Bank is part of the Allpoint ATM network, 43,000+ ATMs across the U.S.
  • Use our automated information phone line, 888-4-Alpine (888-425-7463), for 24-hour access to account balance, account history, transfer funds, make payments, and activate or report a lost or stolen debit card.
  • Use our green Live Chat button found on the right side of every alpinebank.com page.

1 Alpine Bank does not charge you a fee for using AlpineMobile®; however, your wireless carrier 's standard web access and text message rates may apply.
2 Mobile deposit limitations apply. Please refer to product terms and conditions.


Branch Information:

Most of our branch lobbies are now open to serve you. However, please consider contacting your local branch to make an appointment. Please see your preferred Alpine Bank branch below for details, including appointment qualifications. You may also use drive-up and walk-up banking where provided, as well as night drop and ATM services.

Not going to make it into the bank? We'll miss you but we get it!
Take advantage of some of our alternative banking options listed above that don't require coming in.

We Appreciate Your Cooperation:

  • Stay home if you have a cough or fever
  • Maintain a minimum six-foot distance from one another
  • Wear a face covering to all branch visits, and be prepared to provide a photo ID so we can properly identify you prior to entry
  • Do not shake hands or engage in any unnecessary physical contact
  • Due to social distancing, some branches may allow fewer customers inside at a time
  • Follow one-way traffic patterns when entering and exiting the bank

Please visit our Locations/Hours page for current information and branch hours.

Thank you for your business and for helping to keep our communities safe - we are all in this together!