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1-12-21 COVID-19 Response and Holiday Hours

All lobbies will be open Monday - Friday, 9:00 AM to 4:00 PM. SBA has opened portal for submission of a second round of Paycheck Protection Program click link to read more. Monday, January 18th we will be closed for Martin Luther King Jr. Day.

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SBA Paycheck Protection Plan

SBA Paycheck Protection Plan

In response to the growing need for assistance to small businesses impacted by the COVID-19 virus, San Luis Valley Federal Bank is utilizing the Small Business Administration's (SBA) Paycheck Protection Program (PPP) to assist its business members. Please be aware this program is under heavy demand, and there is limited funding from SBA for the program. SLVFB will answer any questions and fulfill any requests as soon as possible. Each request will be handled in the order it is received. We value our Members and seek to provide the best possible service. Your patience during this difficult time is appreciated.

January 11, 2021


Valued Members, 


SBA has opened its portal for the submission of a second round of Paycheck Protection Program (PPP) funding. San Luis Valley Federal Bank will begin submitting applications to SBA beginning Wednesday, January 13, 2021. We ask that you follow the outline below to reassure your application can be processed in a timely manner. Please note, a difference in applications for first time PPP Loan applicants and second time PPP Loan applicants. 

First Round PPP Loan Applicant:

  • Complete the PPP Lender Application Form.
  • Provide your 2019 Tax Return.
  • Provide a 12-31-2020 Profit & Loss Statement.
  • Email all documents to sba@slvfed.com.

Second Round PPP Loan Applicant:

  • Please read the Second Round PPP loan Qualification Criteria (will I Qualify).
  • Complete the PPP Second Draw Borrower Application Form upon meeting criteria.
  • Provide a 9-30-2019 P&L Statement and a 9-30-2020 P&L Statement for comparison.
  • Email all documents to sba@slvfed.com.

Thank you very much for choosing San Luis Valley Federal Bank as your Bank of choice. We value your business and pride ourselves in serving our Members and Community's needs. 

Thank You,

Joe D. Martinez

Chief Lending Officer

To apply for the PPP through San Luis Valley Federal Bank:

  1. Second Round PPP Loan Qualification Criteria
  2. PPP Second Draw Borrower Application
  3. PPP First Draw Borrower Application Form
  4. Email the following documents to sba@slvfed.com