Pandemic Darlings The pandemic economy, in original documents
Home Source documents SBA Procedural Notice 5000-854502: 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

SBA Procedural Notice 5000-854502: 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

Summary

SBA Procedural Notice, control number 5000-854502, addressed to all Paycheck Protection Program lenders and SBA employees, effective February 27, 2024. It states that SBA is expanding the Direct Borrower Forgiveness Platform (DBF Platform) so that all PPP borrowers that have not yet received forgiveness can submit forgiveness applications through it, regardless of loan amount and PPP lender. Borrowers with loans in excess of $150,000 may submit SBA Form 3508 or SBA Form 3508EZ applications and supporting documentation. SBA will automatically enroll all PPP lenders, and all PPP lenders are now required to decision forgiveness applications submitted through the platform. The notice closes with the name Kathryn Frost, Associate Administrator, Office of Capital Access.

Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used

Cite this document

“SBA Procedural Notice 5000-854502: 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.” Original at legacy.sba.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/sba-procedural-notice-5000-854502-expansion-of-sba-direct-borrower-for-0ee76f844f/, SHA-256 9416022d80def4b8162514364ce4f02ca6e8b2d155febef86e5654098e8126a0.

Full text

                      SBA Procedural Notice

TO: All Paycheck Protection Program Lenders                                        CONTROL NO.: 5000-854502
and SBA Employees

SUBJECT: Expansion of SBA Direct Borrower                                          EFFECTIVE: February 27, 2024
Forgiveness Platform to Allow Submission of
Borrower Forgiveness Applications for All PPP
Loans Regardless of Loan Amount and PPP Lender




On July 30, 2021, SBA issued an Interim Final Rule on COVID Revenue Reduction Score,
Direct Borrower Forgiveness Process, and Appeals Deferment. See, 86 FR 40921. In that rule,
SBA announced the availability of a Direct Borrower Forgiveness Platform (DBF Platform)
(https://directforgiveness.sba.gov) that provided a single secure location for PPP borrowers to
apply for PPP loan forgiveness using the electronic equivalent of the simplified borrower
forgiveness application, SBA Form 3508S. Since the establishment of the DBF Platform in
2021, over two million PPP borrowers have obtained forgiveness by submitting their forgiveness
applications through the DBF Platform.

Until now, PPP borrower access to the DBF Platform has been limited to (1) borrowers with
loans of $150,000 or less using the SBA Form 3508S to apply for forgiveness, and (2) borrowers
with PPP lenders that affirmatively opted-in to the use of the DBF Platform. The purpose of this
Notice is to inform PPP lenders and SBA employees that SBA is expanding the DBF Platform to
allow all PPP borrowers that have not yet received forgiveness to submit their loan forgiveness
applications through the DBF Platform, regardless of loan amount and PPP lender.

This expansion of the DBF Platform will allow borrowers with loans in excess of $150,000 that
are required to use the longer form forgiveness applications, SBA Form 3508 or SBA Form
3508EZ, to submit those forgiveness applications and the borrower forgiveness documentation
required to accompany those forgiveness applications through the DBF Platform. SBA is in the
process of making adjustments to the DBF Platform to allow borrowers to upload completed and
signed SBA Form 3508s (including the Schedule A and the Schedule A Worksheet) and SBA
Form 3508EZs and the required borrower forgiveness documentation (including payroll records
and receipts for eligible non-payroll costs) for review by their PPP lender.

Additionally, SBA is expanding the DBF Platform to provide all PPP lenders with access to the
DBF Platform and is no longer requiring that a PPP lender affirmatively opt-in to the use of the

PAGE 1 of 2                                                                                    EXPIRES: 2-1-25
SBA Form 1353.3 (4-93) MS Word Edition; previous editions obsolete
Must be accompanied by SBA Form 58

                                   Federal Recycling Program   Printed on Recycled Paper
DBF Platform. SBA will automatically enroll all PPP lenders that are not currently using the
DBF Platform as DBF Platform users. This expansion will allow all PPP borrowers that have
not yet received forgiveness to submit their loan forgiveness applications through the DBF
Platform regardless of their PPP lender. As a result of this expansion, all PPP lenders are now
required to decision forgiveness applications that are submitted by their borrowers through the
DBF Platform. Lenders that established an internal PPP forgiveness process may continue using
that process for their borrowers who choose to submit their forgiveness applications through the
PPP lender’s internal method; however, PPP lenders must also decision any forgiveness
applications submitted by their borrowers who choose to use the DBF Platform. A PPP lender
will receive a notice from the DBF Platform when one of their borrowers submits a forgiveness
application through the DBF Platform.

All other PPP Program requirements remain unchanged and in effect, including the requirement
that the PPP lender provide the required lender confirmation for all PPP forgiveness requests
submitted to SBA.

Questions
   •   General PPP forgiveness questions to PPPForgivenessRequests@sba.gov.
   •   Requests for advanced technical support, API support and UAT error support to
       developer@ussbaforgiveness.com.
   •   Requests for assistance on SBA Paycheck Protection Platform navigation and platform
       user experience issues may be sent to help@ussbaforgiveness.com.
   •   PPP Lenders may also call the Lender Hotline at (833) 572-0502 for live assistance
       regarding Paycheck Protection Platform access and support, policy questions and
       procedures, and Capital Access Financial System (CAFS) and SBA’s Electronic
       Transmission (E-Tran) systems support.




Kathryn Frost
Associate Administrator
Office of Capital Access




PAGE 2 of 2                                                                                EXPIRES: 2-1-25
SBA Form 1353.3 (4-93) MS Word Edition; previous editions obsolete
Must be accompanied by SBA Form 58

                                   Federal Recycling Program   Printed on Recycled Paper

File and source

File
5000-854502.pdf
Size
182,852 bytes
SHA-256
9416022d80def4b8162514364ce4f02ca6e8b2d155febef86e5654098e8126a0
Our copy
5000-854502.pdf
Original
legacy.sba.gov
Back to top