The U.S. Treasury Department has released the eagerly anticipated Paycheck Protection Program (PPP) Application Form. The fillable format allows applicants to populate the fields in the document as they go, then save it once completed.
After completing the Form, an applicant should call his or her bank to:
- Verify the financial institution is a qualified 7(a) lender.
- Confirm it will be participating in the PPP loan program.
- Ask if it requires any additional information beyond the application form.
- Learn how the form and supporting documentation should be delivered.
PPP loans will likely be pursued by many organizations throughout the country in order to maintain employment, and more fundamentally, keep businesses in operation.
PYA will help our clients with the application preparation process for these loans. If you or your organization needs assistance, contact one of our PYA executives below at (800) 270-9629.
For more information and PYA guidance on COVID-19, please visit our COVID-19 hub
