PPP Loan Application
What You Need To Know And How To Prepare To Apply For a Second Draw PPP Loan
Information to help you prepare for your Second Draw PPP Loan Application.
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SBA Staggers Roll-Out of PPP Loans
The $284 billion restart of the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) will officially reopen Monday, January 11, 2021, targeting only “first-draw” loans from businesses that have yet to receive a PPP loan, and only accepting applications from lenders signaled by SBA as “community financial institutions (CFI).”
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Helpful hints and tips when working in the PPP Loan Portal
Helpful information for registration, uploading documents, and completing loan details in the PPP Loan Portal.
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What You Need to Know and How to Prepare to Apply For a First Draw PPP Loan
Comprehensive list of documents that you should have ready to upload to the PPP Loan Application Portal when you are apply for your loan.
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The U.S. Small Business Administration (SBA) and Treasury Department Issue New Guidance to Implement Some Provisions of Economic Aid Act
SBA and Treasury Department issued some guidance on the provisions of the Economic Aid Act
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Highlights 2nd Round of Paycheck Protection Program
On December 27, 2020, the President signed into law, the extension of the Paycheck Protection Program (PPP).
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New Relief Package Provides Next Round of PPP Funding
The long awaited COVID-19 Stimulus Package could be signed into law within days. Included in the Package is $284 billion for a second round of the Paycheck Protection Program (PPP). Many are referring to this as “PPP2.”
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Tools & Resources
U.S. Small Business Administration reduces the number of months SBA 7(a) and 504 loans are covered
On January 19, 2021, the U.S. Small Business Administration (SBA) issued a Notice that set the number of months SBA 7(a) payments would be covered under Section 1112 of the Coronavirus Aid, Relief and Economic Security Act (CARES Act) as amended by Section 325 of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (Economic Aid Act).
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VIDEO: PPP Loan Information Session
In this 50-minute video, Matt Hein, Senior Vice President, Managing Director of Commercial Banking, joins the Greater Philadelphia Veterans Network to discuss how best to work with your financial institution in applying for a Paycheck Protection Program (PPP) loan.
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Notification of Fraud Risk
On December 1, 2020, the SBA released detailed information about recipients of Paycheck Protection Program loans, Economic Injury Disaster Loans (EIDL) and Economic Injury Disaster Loan Advances.
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DocuSign: Signing Documents with ID Verification
DocuSign is a fast, reliable way for you to electronically sign your loan documents, which includes a secure way to verify your ID through state-of-the-art technology. This guide shares common tips for validating your identity and walks you through the DocuSign process for signing your loan documents.
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Calculating Second Draw Loans Including Revenue Reduction, Maximum Loan Amounts, and What Documents to Provide
The SBA and Treasury have provided guidance to assist businesses in calculating their revenue reduction and payroll costs (and the relevant documentation that is required to support each set of calculations)
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Calculating First Draw Maximum Loan Amounts by Business Type
The Small Business Administration (SBA), in consultation with the Department of the Treasury, is providing this updated guidance to assist businesses in calculating their payroll costs (and the relevant documentation that is required to support each set of calculations)
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Eligibility Guidelines and Use of Funds
Guidelines for first draw, second draw, and eligible costs.
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Beneficial Ownership Instruction Guide
Step-by-step guide to the beneficial ownership form.
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Beneficial Ownership Form
Federal regulation requires certain financial institutions to obtain, verify, and record information about the beneficial owners of legal entity customers.
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Need Help?

If you are a customer who is experiencing a hardship related to family sickness or workplace closures due to COVID-19, contact your Relationship Manager, Branch Manager or Customer Care Center 800-220-BANK, and we will work with you.