Dear PPP Borrower,
PPP borrowers are being targeted by scammers who are sending emails requesting sensitive information that would contain social security numbers, business tax identification numbers and other personal identification documents.
The email below is a message that an existing PPP borrower received yesterday.
Actual Phishing Email Received by PPP Client
Subject: URGENT PPP
Reply-To: XXX Young
I am currently working on your PPP application and need some additional documents submitted ASAP. Funding is extremely limited so getting this to me tonight will allow me to process your application.
I need your 1120 or 1120S 1040 1065 or whichever one you filed 2019 or 2020.
I need a front and back picture of your valid government ID.
If you have ANY employees on W-2 or W-3 I also need the below additional documents.
ONE of the following Payroll Docs for 2019 or 2020 (matching the BTR time period):
- W2's for all employees + W-3
- 4 quarters of 941's
- Payroll processing reports from a 3rd party
People’s Bank keeps in constant contact with you as an existing and new PPP borrower. Be aware, all emails from our People’s Bank lending team will contain the secure domain name of “@peoplesbank.bank.” In addition, when we require additional information for either your new PPP loan application or PPP forgiveness application, we will include a secure link to sign back into our online portal to upload information in a secure environment.
Please be alert and be aware.
People’s Bank Lending Team, firstname.lastname@example.org