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PPP loan forgiveness | U. S. Small Business Administration Applying for forgiveness using the portal can take as little as 15 minutes The questions you will be asked in the portal correspond to those asked on SBA Form 3508, SBA Form 3508EZ, or SBA form 3508S If you would prefer to work with your lender, lenders can still accept PPP forgiveness applications directly Reach out to your lender for
First Draw PPP loan | U. S. Small Business Administration 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:
Second Draw PPP loan | U. S. Small Business Administration 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 costs related to COVID-19, uninsured property damage costs caused by looting or vandalism during 2020, and certain supplier costs and expenses for operations
PPP lender information | U. S. Small Business Administration SBA Procedural Notice on PPP Loans and Changes of Ownership: The purpose of this notice is to provide information concerning the required procedures for changes of ownership of an entity that has received PPP funds (a “PPP borrower”)
Contact SBA | U. S. Small Business Administration 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