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I will comply, whenever applicable, with the civil rights and other limitations in this form. • All loan proceeds will be used only for business-related purposes as specified in the loan application and consistent with the Paycheck Protection Program Rules including the prohibition on using loan proceeds for lobbying activities and expenditures.
Draw PPP Loan. If you are not eligible to use this form, you must apply for forgiveness of your PPP loan using SBA Form 3508 or 3508EZ (or lender’s equivalent form). Each PPP loan must use a separate loan forgiveness application form. You cannot use one form to apply for forgiveness of both a First and Second Draw PPP loan.
Jun 12, 2020 · SBA Form 2483 (06/20) ( ☐ ☐ ☐ ☐ ☐ ☐ ☐ ☐ ☐ ☐ ☐ ☐ ☐ ☐ ☐ ☐ ☐ ☐ ☐ ☐ Paycheck Protection Program Borrower Application Form Revised June 12, 2020 . OMB Control No.: 3245-0407 Expiration Date: 10/31/2020 . Check One: DBA or Tradename Sole proprietor Partnership C-Corp S-Corp LLC Independent contractor Eligible ...
Paycheck Protection Program OMB Control No.: 3245-0407 OMB Control No.: 3245-0407. Borrower Application Form Revised March 18, 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.
Draw PPP Loans. A borrower must certify on the applicable Borrower Application Form 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
PPP Loan Forgiveness Application Form Expiration date: 3508S OMB Control No. 3245-0407 10/31/2020 A BORROWER MAY USE THIS FORM ONLY IF THE BORROWER R ECEIVED A PPP LOAN OF $50,000 OR LESS . A Borrower that, together with its affiliates, received PPP loans totaling $2 million or greater cannot use this form. Business Legal Name
Apr 8, 2024 · They may use an online application form. Currently, there are three PPP loan forgiveness applications: Form 3508; Form 3508EZ; Form 3508S; From 3508S is a simplified form that previously was available for loans of $50,000 or less. Now it covers loans of $150,000 or less. It requires the borrower to: Describe the number of employees retained due ...
