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- Paycheck Protection Program | U. S. Small Business Administration
If you did not receive a Paycheck Protection Program (PPP) loan before, First Draw PPP loans may have been available to you Read about First Draw PPP loans Second Draw PPP loan If you previously received a Paycheck Protection Program (PPP) loan, certain businesses were eligible for a Second Draw PPP loan
- PPP loan forgiveness | U. S. Small Business Administration
SBA form 3508EZ PPP Loan Forgiveness Application + Instructions SBA Form 3508 and SBA Form 3508EZ do require a borrower to provide additional documentation upon forgiveness submission In the instructions for each form, see the section titled "Documents that Each Borrower Must Submit with its PPP Loan Forgiveness Application" for additional
- First Draw PPP loan | U. S. Small Business Administration
PPP is a loan designed to provide a direct incentive for small businesses to keep their workers on payroll First Draw PPP loans can be used to help fund payroll costs, including benefits, and may also be used to pay for mortgage interest, rent, utilities, worker protection costs related to COVID-19, uninsured property damage costs caused by looting or vandalism during 2020, and certain
- PPP lender information | U. S. Small Business Administration
SBA and Treasury will consider applications for participation as PPP lenders from community development financial institutions and minority-, women-, veteran-, and military-owned lenders based on factors including those described on SBA Form 3507 Such factors include cases in which the lender does not meet all of the requirements listed on
- Second Draw PPP loan | U. S. Small Business Administration
PPP now allows certain eligible borrowers that previously received a PPP loan to apply for a Second Draw PPP loan with the same general loan terms as their First Draw PPP loan Second Draw PPP loans can be used to help fund payroll costs, including benefits Funds can also be used to pay for mortgage interest, rent, utilities, worker protection
- FAQ for PPP Borrowers and Lenders - Small Business Administration
FAQ for PPP Borrowers and Lenders FAQ for borrowers and lenders participating in the Paycheck Protection Program About this document and download Updated 05-09-2024 Notice: translations of this document are current as of version 10, dated 07-29-21 Download pdf File size: 705KB
- SBA PPP Platform
The Paycheck Protection Platform allows lenders to submit PPP loan requests and their forgiveness decisions to the SBA Announcements: The Paycheck Protection Program (PPP) loan portal is currently accepting and processing Forgiveness decisions from Lenders
- Get help with your PPP loan - Small Business Administration
Lenders typically decide when to submit individual PPP loan applications to SBA Therefore, any questions or concerns regarding individual PPP loan applications must be directed to your lender If you are unsure about your PPP loan status, or if your PPP loan application has been flagged due to data anomalies, please contact your lender to get
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