PPP Forgiveness Applications
Kleberg Bank began accepting electronic Paycheck Protection Program Forgiveness Applications on August 10, 2020. Your Relationship Manager will provide you a secure link to access our forgiveness portal to facilitate the completion of Form 3508, Form 3508EZ or Form 3508S and collection of any required documentation. If you have questions, please contact us at (361) 850-6800.
Paycheck Protection Program Update – May 2021
Kleberg Bank concluded its' acceptance of PPP loan applications on Tuesday, May 4, 2021 as a result of SBA program funding no longer being available. Please be aware that, regardless of timely submission, we cannot guarantee the approval or closing of a PPP loan application. Many factors, including when program funds were exhausted, could impact the approval or acceptance of an application.
The SBA’s webpage for businesses seeking information about all available coronavirus relief options is located at: Coronavirus Relief Options (sba.gov)
The Bank participated in originating PPP loans and is proud to report the successful funding of over $80 million supporting hundreds of small businesses and over 10,000 jobs. Many of these borrowers have already received forgiveness utilizing our electronic forgiveness application processed by local Kleberg Bankers.
COVID-19 Economic Injury Disaster Loan
This SBA loan provides economic relief to small businesses and non-profit organizations currently experiencing a temporary loss of revenue. LEARN MORE
Shuttered Venue Operators Grant
The Shuttered Venue Operators Grant (SVOG) program was established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, and amended by the American Rescue Plan Act. The program includes over $16 billion in grants to shuttered venues, to be administered by SBA’s Office of Disaster Assistance. LEARN MORE
Restaurant Revitalization Fund Grant
The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related revenue loss up to $10 million per business and no more than $5 million per physical location. Recipients are not required to repay the funding as long as funds are used for eligible uses no later than March 11, 2023.
Cross-program Eligibility on SBA COVID-19 relief options
A summary of the criteria to meet when considering different funding options is available on the SBA's website. LEARN MORE
Business Loan Assistance
We are committed to helping our small business borrowers during this time. If you are facing a hardship as a result of COVID-19, and you are finding it difficult to make your regularly scheduled payments, please contact your Kleberg Bank Relationship Manager directly. We are ready to help you with a payment plan that is right for you.
Treasury Management Services
If government restrictions due to COVID-19 have limited your social interactions and your normal banking activities, we can help you bank conveniently by using our Treasury Management services. We offer a wide variety of digital banking products that can make your life easier during this time, including:
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- Remote Deposit Capture: Avoid trips to the Bank by depositing checks easily and quickly from home or business using our desktop scanners.
- Merchant Services: Our merchant services partner can help you accept debit/credit card payments over the phone and expand your online service options for receiving payments.
- Positive Pay: Our system allows you to monitor check and ACH activity to prevent fraud before it hits your account.
- Direct Deposit: Eliminate paper checks and the need to go to the bank by digitally depositing funds to your employees’ accounts.
- Contact our local Treasury Management Team at (361) 595-2967.
1Loan maturities are based on the ability to repay, the purpose of the loan proceeds, and the useful life of the assets financed.
Kleberg Bank participates in a number of SBA Guaranteed Loan Programs, including 7(a) Loans, CDC/504 Loans, Express Loans, and more.
Use this calculator to determine your projected earnings from our Kasasa Cash account. Move the sliders or type in the numbers to see your potential rewards.
- Estimated Annual Rewards $0
- Estimated monthly interest earned* $0
- Monthly ATM fees refunded**$0
This calculator compares the costs of buying or leasing a vehicle. There are three sections to complete, and you can adjust and experiment with different scenarios.
- Net cost of buying $0
- Net cost of leasing $0
A fixed-rate, fixed-term CD can earn higher returns than a standard savings account. Use this calculator to get an estimate of your earnings. Move the sliders or type in numbers to get started.
- Total value at maturity $0
- Total interest earned $0
- Annual Percentage Yield (APY)0.000%
Whether it's a down payment, college, a dream vacation...a savings plan can help you reach your goal. Use the sliders to experiment based on length of time and amount per month.
- Monthly deposit needed to reach goal $0
This calculator can help you get a general idea of monthly payments to expect for a simple loan. Move the sliders or type in numbers to get started.
- Estimated monthly payment $0
- Total paid $0
- Total interest paid $0
Kasasa Cash*
| Balance | Minimum Opening Deposit | Rate | APY |
|---|---|---|---|
| 0 - $15,000 | $x | 0.00% | 0.00% |
| $15,000+ | $x | 0.00% | 0.00% |
| All balances if qualifications not met | $x | 0.00% | 0.00% |
Qualifications
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Kasasa Saver*
| Balance | Minimum Opening Deposit | Rate | APY |
|---|---|---|---|
| 0 - $15,000 | $x | 0.00% | 0.00% |
| $15,000+ | $x | 0.00% | 0.00% |
| All balances if qualifications not met | $x | 0.00% | 0.00% |
Qualifications
xx