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  2. This program provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities.

  3. How and when to apply. All new First Draw PPP loans will have the same terms regardless of lender or borrower. If you wish to begin preparing your application, download the following PPP borrower application form to see the information that will be requested from you when you apply with a lender: PPP First Draw Borrower Application Form.

  4. Mar 18, 2021 · Use this form to apply for the Paycheck Protection Program (PPP) with an eligible lender for a First Draw loan. Notice: The Paycheck Protection Program (PPP) ended on May 31, 2021. Existing borrowers may be eligible for PPP loan forgiveness. Download .pdf.

  5. Mar 13, 2024 · Where to apply for loan forgiveness. Effective March 13, 2024, all borrowers, regardless of loan size, can use SBA's direct forgiveness portal . Applying for forgiveness using the portal can take as little as 15 minutes.

  6. May 27, 2021 · Congress extended the PPP deadline on March 25, giving small-business owners until May 31 to apply for a first- or second-draw loan through the Paycheck Protection Program. But the Small...

  7. Apr 27, 2024 · The Paycheck Protection Program (PPP) loan is a type of SBA loan designed to provide funds to help small businesses impacted by COVID-19 to keep their workers on payroll. These loans may be completely forgiven if spent on eligible expenses (mainly payroll) during a specific time period.

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