Please click here for branch appointments. Click here for information on PPP loans.

Navigating Coronavirus


As the novel coronavirus (COVID-19) has an increased impact in Clackamas County and throughout the nation, we are here to serve you and keep your business running.


Second Round of PPP Loans: Clackamas will be participating in the second round of Paycheck Protection Program (PPP) loans. Once available, we will update our website with the online application link. Please continue to check our website for the most up-to-date information regarding PPP loans. Included below are informational documents that review the programs available:

  • Click here for information regarding First Draw PPP Loans
  • Click here for information regarding Second Draw PPP Loans
  • Click here for information regarding Second Draw loan qualifications

Notice for borrowers with PPP Loans of $150,000 or less: The SBA is developing a simpler Forgiveness Form for borrowers who received a PPP of $150,000 or less, and who, together with their affiliates, didn’t receive PPP loans totaling $2 million or more. If you meet both criteria, you may opt to wait for us to incorporate the new form and forgiveness requirements or you may choose to use another form to submit your request now.

The simplified forgiveness of loans $150,000 or less will likely include a signed certification providing:

  • A description of the number of employees retained due to the PPP loan
  • Estimated amount of PPP loan spent on payroll
  • Total loan amount
  • Borrower attestation that information is accurate, and applicant will retain records to prove compliance

PPP Loan Forgiveness

Please note, all applications for forgiveness of your Paycheck Protection Program loan with Clackamas must be submitted using our online application. Clackamas will not accept paper applications. 

A borrower can apply for forgiveness once it has used all loan proceeds for which the borrower is requesting forgiveness. Borrowers can apply for forgiveness any time up to the maturity date of the loan. If borrowers do not apply for forgiveness within 10 months after the last day of the covered period, then PPP loan payments are no longer deferred and borrowers will begin making loan payments on their PPP loan.

We recommend that you review the program details through the SBA and the treasury department for the latest forgiveness guidance and instructions. In addition, we suggest you consult with your accountant, legal, or financial advisor to help you in determining when it is best to apply for forgiveness. Keep in mind that it is your obligation as the borrower to understand the requirements in place as provided by the Small Business Administration.

We are processing applications using the guidance currently in place as provided by the Small Business Administration. We will continue to monitor and incorporate all guidance from the Small Business Administration as it is available.

To request a link to the online forgiveness application for your Paycheck Protection Program loan with Clackamas, you can click the blue button below. Prior to submitting a request, please read through the content listed below.

  • Determine the form you plan to use. We have included the various forms below to be used as a reference only. We recommend you consider using Form 3508EZ if you meet the Form 3508EZ eligibility conditions, otherwise you will use Form 3508.
  • Select your covered period.
    • Choose the 24-week Covered Period or Alternative Payroll Covered Period (if applicable) as the time frame for your incurred or paid payroll costs. If you were funded before June 5, you can choose either an 8-week or a 24-week Covered Period.
  • Calculate your eligible payroll costs.
    • If using Form 3508EZ, you will use Tables 1 and 2 from Schedule A Worksheet in Form 3508.
    • If using Form 3508, you will complete the entire Schedule A Worksheet including Tables 1 and 2.
  • Calculate all eligible non-payroll costs, which will include utilities, rent, and mortgage interest costs that were established before February 15, 2020.
  • Calculate your average Full-Time Equivalency (FTE). See page 4 of Form 3508 instructions.
    • Use the simplified or detailed method.
  • Select your reference period. See page 3 of Form 3508 Instructions.
    • After selecting your reference period, compare your FTE levels from this period to your FTE levels during the Covered Period.
  • Check if you meet Safe Harbor qualifications. See page 5 of Form 3508 instructions.
  • Gather documents to submit. See page 6 of Form 3508 instructions.
  • Review the Clackamas borrower guide to navigate the forgiveness application.

PPP Loan Applications & Forms

Become a Clackamas member

We’re a local, not-for-profit financial cooperative serving your best interest and providing the financial tools your business needs to succeed. If you’re like most of our members, you’ve got a lot on your shoulders. People are depending on you. The thing is, you’ve got their back. And we’ve got yours.

We ask that businesses applying for a Paycheck Protection Program loan have an active membership at Clackamas before we begin processing the PPP application. Click the button below to become a Clackamas member today.

Paycheck Protection Program Applications

To request a personalized link for your business to apply for a PPP loan (first or second draw), or to apply for forgiveness on your Paycheck Protection Program loan with Clackamas, click the button below and fill out the form.

Rest assured, once you submit your application it will be placed in a queue and a Clackamas staff member will contact you soon. Processing and contact times may take longer than expected depending on the volume of requests received. We apologize for any frustration this may cause.

Things to know

What we are doing

As the novel coronavirus (COVID-19) has an increased impact in Clackamas County and throughout the nation, we are here to support you and keep your business running.

Our Board of Directors and Management Team are ready to ensure our service to you is uninterrupted and remains at the highest level possible. Our teams are closely monitoring information from local, state, and federal health officials to ensure that we are acting consistently with recommendations and guidelines from those agencies.

Ensuring our employees have the information they need to stay healthy and that they stay home if they are not feeling well. If wait times increase slightly as we strive to ensure everyone’s health, we apologize for the inconvenience and appreciate your patience.

Mobile deposit limit changes

To help facilitate remote banking for business members we have increased the daily limit for mobile deposits through our mobile app to $10,000. If you need a daily limit greater than $10,000 please click here to fill our contact form with your request. Please note our regular check hold times still apply and deposits will be processed according to the normal schedule.

To get started with mobile deposit, visit the
Apple App Store or Google Play Store to download the Clackamas app on your mobile device. Login using your existing Digital Banking credentials, or register for credentials by tapping “Not Registered” and following the steps. Once you have registered and created your credentials you are ready to login! We should also mention, you will use the same username and password when logging in to Digital Banking using a computer. 

With mobile deposit, you’ll be able to deposit a check on your schedule and from anywhere! Simply click on “Mobile Deposit” in the menu options and follow the directions. Don’t forget to endorse each check with your signature and write “For Mobile Deposit Only at Clackamas” on the back.

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