SBA - PPP Resource Center

The Paycheck Protection Program was a major component of the recently enacted CARES Act. Many credit unions have reached out to the Association for guidance on how to become an SBA lender for PPP purposes. Below is a compilation of resources and information to help credit unions navigate this process. Additional information will be added as the Association receives it.

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Letter from the Administrator: SBA Guidance on Accessing Capital for Minority, Underserved, Veteran and Women-Owned Business Concerns

Interim Final Rule: Paycheck Protection Program (PPP) as Amended by the Economic Aid Act

Interim Final Rule: Paycheck Protection Program (PPP) Second Draw Loans



SBA Paycheck Protection Program Overview 

SBA 7 Participating Lender Process Requirements 

SBA Paycheck Protection Program website

SBA Standard Loan Note (Form 147) 

SBA Paycheck Protection Program Frequently Asked Questions – 4.6.20

SBA Connect/Paycheck Protection Lender Gateway

Lenders: Additional Information 

PPP Lender Application Form

PPP New Lender Application Form (including federally insured credit unions - PDF download)

Borrowers: Additional Information

PPP Borrower Application Form - 4.2.20

PPP Update: New Interim Final Rule #17; Lenders Application Form & Loan Guaranty -rev June 2020 – 6.11.20

Paycheck Protection Program – Interim Final Rule 

Paycheck Protection Program – Interim Final Rule on Affiliation 

PPP Interim Rule on Disbursements – 4.28.20

PPP Interim Rule on Seasonal Employers – 4.28.20

Paycheck Protection Program – Applicable Affiliation Rules - 4.3.20

Find an Eligible Lender

SBA PPP Overnight Developments and Recap - 4.9.20

SBA PPP Report: Approvals through 12 PM EST 4.16.2020

PPP Loans - Reserved Submission Time for Small Lenders on April 29, 2020

SBA - PPP Update - 4.30.20

PPP - Frequently Asked Questions - 5.12.20

PPP Loan Forgiveness Tracker Spreadsheet (download spreadsheet at bottom left of screen)

Small Business Administration PPP Best Practices and Checklist - 5.12.20

SBA: Researching Loan Data - 5.14.20 (slide deck)

SBA #5000-20027: Additional Guidance on 504 Certifications of No Adverse Change for July, August and September 2020 Debenture Sales during the COVID-19 Emergency -5.18.20

SBA #5000-20028: Paycheck Protection Program Lender Processing Fee Payment and 1502 Reporting Process - 5.21.20

SBA #5000-20036: Updated Paycheck Protection Program Lender Processing Fee Payment and 1502 Reporting Process

PPP Loan Forgiveness and Lender Responsibilities and Fees – 5.26.20


Summary of the CARES Act

The Small Business Owner’s Guide to the CARES Act 

Model Policy 7436: CARES Act – Small Business Administration (SBA) Loans 

NCUA Letter to CUs: SBA Paycheck Protection Program & Economic Injury Disaster Loans – 4.7.20

Temporary Increase to SBA Express Maximum Loan Amount and Permanent Changes to Fee Relief for SBA Express loans to Veteran- Owned Small Businesses in the CARES Act - 5.8.20