How to apply for United State Paycheck Protection Program Loan via Portal 2020/2021

Are you in United State of America? Do you know about United State Paycheck Protection Program Loan for small business in U.S. do you wish to know more on how to apply for 2020/2021 United State Paycheck Protection Program Loan via Portal, this post is for you. See more detail under.

This article will help you to know more about the 2020/2021 United State Paycheck Protection Program Loan, how to apply successfully and application Form Eligibility for interested citizen.

Who is eligible to apply for United State Paycheck Protection Program Loan?

  • Any small business concern that meets SBA’s size standards (either the industry based sized standard or the alternative size standard)
  • Any business, 501(c)(3) non-profit organization, 501(c)(19) veterans organization, or Tribal business concern (sec. 31(b)(2)(C) of the Small Business Act) with the greater of:
    • 500 employees, or
    • That meets the SBA industry size standard if more than 500
  • Any business with a NAICS Code that begins with 72 (Accommodations and Food Services) that has more than one physical location and employs less than 500 per location
  • Sole proprietors, independent contractors, and self-employed persons

How to apply for 2020/2021 United State Paycheck Protection Program Loan via Portal

  1. Interim Final Rule announcing the Paycheck Protection Program information as posted in the Federal Register.  Click here to download.
  2. Interim Final Rule announcing Additional Eligibility Criteria and Requirements for Certain Pledges of Loans for the Paycheck Protection Program. This information is being posted in advance of publication in the Federal Register.  The official version will appear in the Federal Register. Click here to download.
  3. Interim Final Rule announcing additional information on Promissory Notes, Authorizations, Affiliation, and Eligibility. This information is being posted in advance of publication in the Federal Register.  The official version will appear in the Federal Register. Click here to download.
  4. SBA Procedural Guidance on Participation Sales for Paycheck Protection Program Loans. The purpose of this Notice is to provide guidance to Lenders approved to participate in the Paycheck Protection Program regarding the sale of participating interests in PPP loans. Click here to download.
  5. Click here to download the Paycheck Protection Program Lender Application Form.
  6. Click here to view the Lender Agreement (Federally Insured Depository Institutions, Federally Insured Credit Unions, Farm Credit System Institutions) and enroll as a participating SBA Lender to make Paycheck Protection Program financing available to your customers.
  7. Click here to view the Lender Agreement (Non-Bank and Non-Insured Depository Institution Lenders) and enroll as a participating SBA Lender to make Paycheck Protection Program financing available to your customers.
  8. Click here to download the SBA Standard Loan Note (Form 147).
  9. If you would like to submit loan authorization requests via our the online Paycheck Protection Lender Gateway, click here

How to create account for Paycheck Protection Program Loan

  1. Create an account on SBA Connect.
  2. Request authorization to the Paycheck Protection Lender Gateway by providing your FRS, FDIC, or NCUA number as well as your authorization number.
  3. Proceed to the Paycheck Protection Program Lender Gateway to begin submitting loan authorization requests.

How to apply for United State Paycheck Protection Program Loan via Portal 2020/2021

Vera

Blessed Vitus is the Founder and a Publisher at Efficiencyview.com. A seasoned online Publicist and a Geologist

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