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See question 13 for links on where to download the application. Borrowers may submit their loan forgiveness applications and supporting documents to the same online portal that they used when applying for the PPP Loan 2. What additional documents do borrowers need to provide for loan forgiveness?
” she posted. “We have confirmed no payments have been affected—they are still being processed and sent. We expect the portal will be back online shortly.”
Type and location of disaster:Interest rates differ based on the disaster and area. To see the rates available in your area, take a look at the fact sheet via the SBA’s disaster loan portal. Where To Find Disaster Loans You can check whether your business is in a declared disaster area...
Where can I find my PIN to access the PPP loan portal? New User: You will create a PIN when you initially set up your login credentials. Please select the orange "Get Started" button underNew user to the PPP Loan portalto establish login credentials.Please retain this PIN for future use...
SBA disaster loan approvals are expedited, so you can expect your disaster loan to start incremental payments in 1-3 weeks (or seven to 21 days). You will also be assigned a loan officer who will work with you through the duration of your loan. Online Portal Note: The SBA portal may ...
Confirm your loan eligibility and review the SBA Frequently Asked Questions (FAQs). Log onto your Account on the SBA Portal to submit a loan modification request to your existing EIDL loan. The portal is located online by going to: covid19relief1.sba.gov. The portal will only be a...
the SBA had tweeted appeals for businesses to apply for loan forgiveness. Here is atweet from SBA.gov dated August 11, 2020. At that time, many banks were not ready to process the applications. As of October 2020, for instance, Bank of America’s onlinePPP forgiveness portalwas still inop...
My loan is currently on deferment. Will the SBA still cover my payments? Yes. For a covered loan made before March 27, 2020, and on deferment, the SBA will make the loan payments for the six-month period beginning with the next payment due after the deferment period, whether the loan ...