Transcription of SBA Paycheck Protection Platform Lender Instructions
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SBA Paycheck Protection Platform Lender Instructions
SBA Paycheck Protection Platform Lender InstructionsForgiveness User GuideUpdated 9/7/21 Not intended to convey policy guidance or direction2 ContentsSectionSlide(s)SBA Paycheck Protection Platform Overview3 -7 Account Management8 18 Submitting Forgiveness Decisions19 -32 Monitoring Forgiveness33 41 Direct Forgiveness Sign-up &Approval Process (participating lenders only)42 50 Additional Resources51 59 Exhibits60 63 Paycheck Protection Platform OverviewLoan Forgiveness -Process Timeline4 Borrower Application Submission Borrower submits a Loan Forgiveness Application (SBA Form 3508/3508EZ/3508S or Lender equivalent) to the Lender servicing their Review & Submission Confirm receipt of Borrower certifications, required documentation and Borrower s calculations.
Sep 07, 2021 · Create Users X Activate/Deactivate Users X Assign User Types X Reset Password for Other Users X ... xxxxxx xxxxxxxxx xxxxxxxxx. Institution Information 12 4. Select the interest calculation method to be paid on net forgiveness amount (Actual/360, Actual/365, ... xxxx@test.com xxxx@test.com xxxx@test.com xxxx@test.com xxxx@test.com …
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