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Join SBA lending representatives from across the New England region as they cover the important Loan Terms and Eligibility Requirements from the newly updated Paycheck Protection Program.  The program will take place Wednesday, January 20th from 11am to 12pm. 

Paycheck Protection Program Policy Updates as of Friday, January 8, 2021 

SBA, in consultation with the Treasury Department, has recently released additional PPP forms and guidance:  

Updated First Draw Forms 
·Form 2483 – First Draw Borrower Application (Updated 1/8/21)
·Form 2484 – First Draw Lender Guaranty Application (Updated 1/8/21)

Second Draw Forms
·Form 2483-SD – Second Draw Borrower Application (Released 1/8/21)
·Form 2484-SD – Second Draw Lender Guaranty Application (Released 1/8/21)

Guidance & Resources 
·Accessing Capital for Minority Underserved, Veteran and Women-Owned Business Concerns Guidance (Released 1/6/21)
·Top-Line Overview of First Draw PPP Loans (Released 1/8/21)
·Top-Line Overview of Second Draw PPP Loans (Released 1/8/21)
·Interim Final Rule #1 – PPP as Amended by Economic Aid Act (Released 1/6/21)
·Interim Final Rule #2 – PPP Second Draw Loans (Released 1/6/21)
·Procedural Notice – Modifications to SBA Forms 3506, 3507 and 750 CA (PPP only) (Released 1/8/21)
·Procedural Notice - SBA Procedural Notice on Repeal of EIDL Advance Deduction Requirement (Released 1/8/21)

For more information and updates, visit SBA.gov/PPP or Treasury.gov/CARES

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