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We’re in this together.

Devoted to you. 

Your health, financial wellbeing, financial security, and safety are our top priorities. This page provides information regarding our steps to ensure these are met.  We're in this together.

Contact us at any time.  General contact information: [email protected] or 1-800-458-5585.

Our PPP loan application portal is open, click 'Apply Now'. Please continue to check this page for updates. 


Wednesday, March 31

President Biden signed an extension to the Small Business Administration Paycheck Protection Program (PPP) yesterday, allowing potential borrowers to submit PPP loan applications through May 31, 2021.  The program was slated to end today.


Thursday, March 4

A recent announcement from the Small Business Administration is worthy of sharing. 

The Small Business Administration (SBA) just issued an interim final rule (IFR) implementing recent changes to the Paycheck Protection Program. The IFR allows individuals who file an IRS Form 1040, Schedule C to calculate their maximum loan amount using gross income. SBA has issued updated forms for borrowers and lenders reflecting these changes and step-by-step loan amount calculations. 

Previously, PPP rules defined payroll costs for individuals who file Form 1040, Schedule C as payroll costs (if employees exist) plus net profits, which is net earnings from self-employment This formula effectively excluded many sole proprietors from obtaining PPP loans, particularly those with very little or negative net profit.

The IFR also stated that this calculation change will apply only to loans approved after the rule’s effective date. Borrowers that have already had their loans approved cannot increase their PPP loan amount based on the new maximum loan formula.

There is no action required at this time; watch for further communication via e-mail or here on our Daily SBA & PPP Updates section. Next steps will be available through the PPP application portal, if applicable.

Friday, January 29

We are actively reviewing completed and submitted PPP loan applications with application numbers around 2900-3000. Please be aware: incomplete applications may experience delays in being reviewed. To prevent these delays here are a few tips:

  • Ensure the application is complete with no missing data
  • All required documents are uploaded to the portal (both entity and financial documentation)
  • All forms sent via email have been signed (application and form 2483)
  • Please remember that we must fund the loan into a deposit account with Sound Community Bank. If you do not have an account with us, opening the account early assists in expediting the process.

If you experience an issue while applying, please compete to the best of your ability and expect us to touch base soon in order to follow-up on incomplete applications.

Tuesday, January 19

We submitted thirty-three percent of our applications to the SBA. The SBA implemented additional validations and checks which slowed the approval process compared to the first round of PPP. We will start notifying applicants of approval soon. Our closing department will reach out to approved applicants to coordinate document signing and funding. 

Please review prior updates for information that may be helpful to your application!

Friday, January 15

We submitted more than ten percent of our applications to the SBA today. Please be patient while we work through the applications. Our pace should pick up now that we're reacquainted with PPP and the SBA portal. For applications submitted through this morning, please check your email for information we sent about our process. If we submitted your application after January 14th, then we will send the same email soon. 

Thursday, January 14

We are waiting for additional clarification on Second Draw Loan applications that have not received forgiveness of their First Draw Loan. Our current understanding is that approval of Second Draw Loan applications will be delayed by the SBA until forgiveness of the First Draw Loan is complete. We encourage Second Draw Loan applicants to submit their forgiveness application now to expedite forgiveness and approval of the 2nd Draw Loan. We typically submit forgiveness requests to the SBA the same day we receive them.

Wednesday, January 13

Thank your for applying with us! We are reviewing files in prepartion for submission to the SBA. Like last year, we communicate with all applicants via email and our website. Due to volumes, we may not communicate with you directly about your application until it is under review. Our review may take several days from when you submitted your application. If your application is complete when we review, then we may only communicate with you about your approval and to coordinate loan funding. Please note, we require applicants to  open a Sound Community Bank Business Checking account prior to loan funding.

The SBA origination and approval portal is not open to banks at the moment. The portal will open to Sound Community Bank on Friday, January 15th. Lastly, the SBA may take several days before they provide approval in this round of PPP. We are not be able to provide an immediate, same-day notification of approval like we were able to do last year. Please watch this page for future updates!

Paycheck Protection Program

Our PPP loan application portal is open, click 'Apply Now'.  Please continue to check this page for updates. 




Following Centers for Disease Control recommendations, our branches may operate on altered schedules. Please review the information below for up-to-date revised branch lobby, drive-up, and Interactive Teller machine hours and status.

Reminders if visiting a branch is necessary:

  • If you do not feel well, are coughing, or are immunocompromised, please do not visit a branch
  • If you are well enough to be around others, please practice six (6) feet of social distancing between you, our employees, and other clients
  • Some branches may have tape on the ground or cones to queue the teller line – please respect these queues and distance yourself from others as much as possible

Revised Branch Hours

Last updated: Monday, December 7

Olympic Peninsula Branches

Port Angeles 

  • M-Thurs: 9:00 AM - 5:30 PM
  • Fri: 9:00 AM - 6:00 PM
  • Sat: 9:30 AM - 1:00 PM (Drive-Thru Only) 

Port Ludlow

  • M-Fri: 10:00AM - 5:00 PM

Sequim Creekside

  • M-Thurs: 9:00 AM - 5:30 PM
  • Fri: 9:00 AM - 6:00 PM
  • Sat: 9:30 AM - 1:00 PM (Drive-Thru ITM Only)

Sequim Village 

  • M-Thurs: 9:00 AM - 5:30 PM
  • Fri: 9:00 AM - 6:00 PM
  • Sat: 9:30 AM - 1:00 PM (Drive-Thru Only) 

Puget Sound Branches

Mountlake Terrace (Cedar Plaza)

  • M-Fri: 11:30 AM - 5:30 PM
  • Sat: 9:30 AM - 1:00 PM (Drive-Thru Only)

Belltown (Seattle)

  • M-Fri: 11:00 AM - 5:30 PM
  • Sat: 9:30 AM - 1:00 PM (ITM Only in the Vestibule)


  • M-Fri: 11:00 AM - 5:00 PM
  • Sat: 9:30 AM - 1:00 PM (ITM Only in the Vestibule)

University Place 

  • M-Fri: 11:00 AM - 5:00 PM

Special Circumstances & Closures:

  • Madison Park Loan Office is CLOSED

With altered branch hours, ensuring we practice social distancing, and respecting the stay-at-home mandate from Governor Jay Inslee, we recommend you utilize alternative banking channels whenever possible.

  • Find our alternative banking channels here 

Community members may not have access to a bank or financial instituion - and threfore might also not have access to banking services or accounts where checks are deposited, money withdrawn, or a debit card to purchase items.  Let us help. 

Effective Monday, April 13, we are cashing the COVID-19 related CARES Act stimulus checks free of charge, even for non-clients.

In addition, we offer a variety of checking account solutions - one that earns rewards, one basic, an account for those over age 50, and one which assists the financially underserved - called Opportunity Checking (contact us to learn more about this account).  Learn more about any of these accounts here.

Deposit checks (like the COVID-19 related CARES Act stimulus checks) through your mobile device once the account is open!  This feature is called EZ Deposit.  Learn more about EZ Deposit here.  

Open any of our accounts online.  There's no need to visit a branch and you may continue practicing social distancing.  Select Apply Now below.  Enter your information and select "Checking Account" when prompted.  A member of our team will reach out, help you decide which account is best, and assist with completing the process.


We are committed to serving and supporting clients experiencing quarantine, job loss, and loan payment hardship.  If you are affected by COVID-19, unable to work, or under quarantine, we are here to assist.  As your trusted financial advisor, work with us to build a custom solution to fit your needs should payment of your loan become a burden or you are in need of cash*   

*All loans subject to credit and eligibility approval.


For almost 70 years, you and your finances have always come first.  We are FDIC (Federal Deposit Insurance Corporation) insured, remain a top-performing community bank, maintain a 5-star “Superior” safety and soundness financial rating from Bauer Financial, and continue to concentrate on serving our communities.  After all, community is our middle name.  Review these resources to learn more.

Resources to help you or your business find peace of mind.

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