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  1. Paycheck Protection Program Borrower Application Form Revised January 8, 2021. Debt Collection Act of 1982, Deficit Reduction Act of 1984 (31 U.S.C. 3701 et seq. and other titles) – SBA must obtain your taxpayer identification number when you apply for a loan.

  2. Mar 25, 2021 · All PPP borrowers, individually or together with their affiliates, that received PPP loans with an original principal amount of $2 million or greater will need to complete an SBA Form 3509 or 3510 Loan Necessity Questionnaire once the SBA notifies us that your loan is under review.

  3. Apr 6, 2020 · The loan amount is determined by taking your company's average monthly payroll over the prior 12-month period and multiplying that by 2.5. In the end, the amount you will obtain will be 2.5 times ...

  4. Loan Forgiveness Application Form 3508 Revised July 30, 2021. If this application is being submitted for a Second Draw PPP Loan, the Borrower used all First Draw PPP Loan amounts on eligible expenses prior to disbursement of the Second Draw PPP Loan. The information provided in this application and the information provided in all supporting ...

  5. If your loan amount is $150,000 or less, please use SBA Form 3508S. Do not submit this Checklist with your SBA Form 3508EZ. Each PPP loan must use a separate loan forgiveness application form. You cannot use one form to apply for forgiveness of both a First Draw PPP Loan and a Second Draw PPP loan.

  6. Microsoft Word - Borrowers agreement revised. OMB Control No.: 3245-0407 Expiration Date: 09/30/2020. Check One: Sole proprietor Partnership C-Corp S-Corp LLC Independent contractor Eligible self-employed individual 501(c)(3) nonprofit 501(c)(19) veterans organization Tribal business (sec. 31(b)(2)(C) of Small Business Act) Other.

  7. PPP First Draw SBA Loan Number: Reduction in Gross Receipts of at Least 25% (Applicants for loans of $150,000 or less may leave blank but must provide upon or before seeking loan forgiveness or upon SBA request): 2020 Quarter (e.g., 2Q 2020): Gross Receipts: $ Reference Quarter (e.g., 2Q 2019): Gross Receipts $ Applicant Ownership

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