- How to Calculate Maximum Loan Amounts for First Draw PPP Loans and What Documentation to Provide – By Business Type (Released Jan. 17, 2021)
- Procedural Notice: PPP Borrower Resubmissions of Loan Forgiveness Applications Using Form 3508S, Lender Notice Responsibilities to PPP Borrowers, and Offset of Remittances to Lender for Lender Debts (Released Jan. 15, 2021)
Helpful Reminder for This Round of PPP
Make sure the PPP First Draw Loan number is included in the Second Draw PPP Loan application. As part of the Second Draw Borrower application, applicants must enter the SBA loan number of the First Draw PPP loan that was originated in 2020.
SBA loan numbers have the following format: eight numbers followed by a dash and then two more numbers.