SBA: Paycheck Protection Program

Dear Valued Partner,

Attached is the latest documents around the Paycheck Protection Program including the new lender application form and additional questions on the Treasury FAQ’s.

We would like to share this information widely, so please feel free to share with your networks and resource partners. I appreciate all the efforts your team is continuing to do in assisting small businesses during these challenging times.

New Documents:

New Lender Application Form (Non-Bank and Non-Insured Depository Institution Lenders) See attached PDF.

Note: Lenders in the categories requiring the new form should submit the form by emailing NFRLapplicationforPPP@sba.gov.

Federally insured banks, credit unions, and farm credits should continue submitting new lender applications to DelegatedAuthority@sba.gov.

Additional questions were added to the FAQ document. (Questions 19 & 20)

Misc. Info:

E-Tran Pro Tip: Be careful when entering passwords to E-Tran. Encourage your team members to enter passwords carefully. Repeated attempts to enter a password into the system can result in temporary account suspension (due to security protocols) requiring password reset.

Lender Assistance Hotline: (833) 572-0502

Find a lender tool: https://www.sba.gov/paycheckprotection/find

Information for lenders can always be found at www.sba.gov/paycheckprotection and www.treasury.gov/cares

How to request change to info on sba.gov website: www.sba.gov/support (file a ticket)

Previous docs:

Affiliation Rules: https://www.sba.gov/sites/default/files/2020-04/Affiliation%20rules%20overview%20%28for%20public%29%20v2.pdf

Interim Final Rule (IFR) on affiliation: https://www.sba.gov/sites/default/files/2020-04/SBA%20IFR%202_1.pdf

FAQ on Faith-based Orgs and PPP: https://www.sba.gov/sites/default/files/2020-04/SBA%20Faith-Based%20FAQ%20Final.pdf

Interim Final Rule: https://www.sba.gov/sites/default/files/2020-04/PPP–IFRN%20FINAL_0.pdf

Borrower Application: https://www.sba.gov/sites/default/files/2020-04/PPP%20Borrower%20Application%20Form.pdf

PPP Loan Guaranty Form: https://www.sba.gov/sites/default/files/2020-04/PPP%20Lender%20Application%20Form_0.pdf

New Lender Application For Federally insured depository institutions, federally insured credit unions, and Farm Credit System institutions (other than the Federal Agricultural Mortgage Corporation)

(Submit to delegatedauthority@sba.gov) https://www.sba.gov/sites/default/files/2020-04/PPP–Agreement-for-New-Lenders-Banks-Credit-Unions-FCS-w-seal-fillable.pdf

Shawn D. Pensoneau

Assistant Administrator

Office of Native American Affairs

U.S. Small Business Administration

(202) 205-6411

Cell (202) 713-6363

shawn.pensoneau@sba.gov

PPP-Agreement-for-New-Lenders-Non-Bank-Non-Insured-Depository-Institution-Lenders-w-seal-fillable_0-1 Download