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that the borrower is eligible to receive a PPP loan. For a First Draw PPP Loan, that certification means that the borrower has no more than 500 employees, is a small business concern as defined in section 3 of the Small Business Act (15 U.S.C. 632) that meets the applicable SBA employee-based or revenue-based size standard, or meets the
Mar 20, 2024 · Paycheck Protection Program (PPP) loan forgiveness. PPP is closed. Borrowers who need assistance with direct forgiveness can call SBA at 877-552-2692 from Monday through Friday, 8:00 a.m. to 5:00 p.m. ET. Closed on all federal holidays. The call center can only assist direct forgiveness applicants.
Jan 5, 2024 · WASHINGTON – The U.S. Small Business Administration (SBA) has announced expanded flexibility and accommodations for COVID EIDL and PPP borrowers to help bring them into compliance and avoid the repercussions of defaulting on a government loan. For COVID EIDL and PPP borrowers with loans under $100,000, the SBA has implemented a 60-day ...
that the borrower is eligible to receive a PPP loan. For a First Draw PPP Loan, that certification means that the borrower has no more than 500 employees, is a small business concern as defined in section 3 of the Small Business Act (15 U.S.C. 632) that meets the applicable SBA employee-based or revenue-based size standard, or meets the
Feb 2, 2024 · For Disaster loans, contact the SBA Disaster Assistance Customer Service Center at 800-659-2955 or email disastercustomerservice@sba.gov. For PPP, 7(a), and 504 loans, contact the SBA loan servicing center handling your loan.
Jan 8, 2021 · Published on January 8, 2021. WASHINGTON – The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced today that the Paycheck Protection Program (PPP) will re-open the week of January 11 for new borrowers and certain existing PPP borrowers. To promote access to capital, initially only community ...
Paycheck Protection Program OMB Control No.: 3245-0407 OMB Control No.: 3245-0407. Borrower Application Form Revised March 3, 2021 Expiration Date: 9/30/2021 Expiration Date: 9/30/2021. Check One: Sole proprietor Partnership C-Corp S-Corp LLC Independent contractor ( Self-employed individual.
