sba.gov, PPP lender information (archive.org capture 2026-01-17)

Summary

In its "PPP lender information" guide, SBA says it is working to streamline PPP forgiveness, with all borrowers able to use the Direct Forgiveness Portal (DFP) beginning in March 2024. Lenders who have an established internal process may continue to use it, but must also accept DFP applications. The guide lists SBA procedural notices, including one that alerts depository financial institutions to the potential for suspicious activity related to COVID-19 EIDL funds. SBA and Treasury weigh the number and dollar amount of small business loans a lender originated and serviced in a 12-month period over the past 36 months.

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Full text

PPP lender information

Information and resources for lenders participating in the Paycheck Protection Program (PPP).

Content

Program updates

SBA is working to streamline the PPP forgiveness application process. Beginning in March 2024, all borrowers applying for forgiveness can use SBA's Direct Forgiveness Portal (DFP). This will ensure a more accessible process for borrowers, no matter loan size.

All lenders will be required to decision forgiveness applications received through the portal. Lenders who have an established internal process may continue to use it. However, they must also accept DFP applications. When a borrower submits an application their PPP lender will get a notice.

Interim final rules

SBA has issued the following Interim Final Rules related to PPP:

2024

2021

2020

Additional guidance for lenders

Frequently Asked Questions

Letters from the SBA Administrator

Lender notices

- Expansion of SBA Direct Borrower Forgiveness Platform to Allow Submission of Borrower Forgiveness Applications for All PPP Loans Regardless of Loan Amount and PPP Lender
- Guidance on the Return of Paycheck Protection Program (PPP) Loan Funds
- Extension and Revision of SBA Guidance on Guaranty Purchases and Lender Servicing Responsibilities for PPP Loans
- SBA Loan Reviews of Paycheck Protection Program Lender Partial Approval Forgiveness Decisions
- Extension of and Update to Guidance Related to Paycheck Protection Program Loans and Changes of Ownership
- Guaranty Purchases, Charge-Offs, and Lender Servicing Responsibilities
- Extension and Revision of Guidance on Whole Loan Sales of Paycheck Protection Program Loans
- Updated Notice on First Draw Paycheck Protection Program Loan Increases After Enactment of the Economic Aid Act
- Second Notice on Modifications to SBA Forms 3506, 3507, and 750 CA (for purposes of PPP only)
- Second Notice of Revised Procedures for Addressing Hold Codes and Compliance Check Error Messages on PPP Loans
- Registration Required for System for Award Management (SAM.gov)
- Revised SBA PPP Procedures for Addressing Hold Codes on First Draw PPP Loans and Compliance Check Error Messages on First Draw PPP Loans and Second Draw PPP Loans
- Second Updated PPP Lender Processing Fee Payment and 1502 Reporting Process
- SBA PPP Procedures for Addressing Unresolved Issues on Borrower First Draw PPP Loans
- SBA Procedural Notice on PPP Borrower Resubmissions of Loan Forgiveness Applications Using Form 3508S, Lender Notice Responsibilities to PPP Borrowers, and Offset of Remittances to Lenders for Lender Debts
- SBA Procedural Notice on PPP Excess Loan Amount Errors
- SBA Procedural Notice on First Draw PPP Loan Increases After Enactment of the Economic Aid Act
- SBA Procedural Notice on Modifications to SBA Forms 3506, 3507 and 750 CA (for purposes of PPP only)
- SBA Procedural Notice on Repeal of EIDL Advance Deduction Requirement for SBA Loan Forgiveness Remittances to PPP lenders
- SBA Procedural Notice on Extension of Authority to Guarantee PPP loans
- SBA Procedural Notice on Participation Sales for PPP loans. The purpose of this notice is to provide guidance to lenders approved to participate in the PPP regarding the sale of participating interests in PPP loans.
- SBA Procedural Notice on Whole Loan Sales for PPP Loans. This notice provides guidance on the procedures for completing whole loan sales of PPP loans between participating lenders.
- SBA Procedural Notice on Lender Processing Fee Payment and 1502 Reporting Process for PPP. The purpose of this notice is to inform PPP lenders of the reporting process through which PPP lenders will report on PPP loans and collect the processing fee on fully disbursed loans which they are eligible to receive.
- SBA Procedural Notice on Refinance of EIDLs with PPP Loan Proceeds and Lender Remittance of EIDL Refinance Proceeds to SBA informs PPP lenders regarding how loan proceeds must be used to refinance an SBA Economic Injury Disaster Loan (EIDL). The notice also informs PPP lenders of the procedure for remitting to the SBA any PPP loan proceeds designated for the refinance of an EIDL.
- SBA Information Notice on Guidance Regarding Identification and Reporting of Suspicious Activity in the COVID-19 EIDL Program provides a brief overview of COVID-19 assistance available under SBA’s EIDL program, including both advances (grants) and direct loans, and to alert depository financial institutions to the potential for suspicious activity related to COVID-19 EIDL funds deposited into business or personal accounts.
- SBA Procedural Notice on Procedures for Lender Submission of PPP Loan Forgiveness Decisions to SBA and SBA Forgiveness Loan Reviews informs PPP lenders of the processes for submitting decisions on PPP borrower loan forgiveness applications to SBA, requesting payment of the forgiveness amount determined by the lender, SBA loan forgiveness reviews and payment of the loan forgiveness amount determined by SBA.
- 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”).
- Paycheck Protection Program: E-Tran Loan Status Updates for PPP Partial and Full Forgiveness Payments

Borrower forms

Applications

Disclosures

Loan necessity questionnaires

For borrowers that, together with their affiliates, received PPP loans with an original principal amount of $2 million or greater:

Lender forms

SBA and Treasury will consider applications for participation as PPP lenders from community development financial institutions and minority-, women-, veteran-, and military-owned lenders based on factors including those described on SBA Form 3507. Such factors include cases in which the lender does not meet all of the requirements listed on that form.

Among other criteria, SBA and Treasury will give strong consideration to the types of financial services provided by the lender; the lender’s compliance programs, including those related to Bank Secrecy Act; and the number and dollar amount of small business loans originated and serviced by the lender in a 12-month period over the past 36 months.

SBA and Treasury will also consider board membership composition as a proxy for ownership and control when determining the minority-, women-, veteran-, and military-owned status of non-profit lenders.

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