Existing borrowers may be eligible for PPP loan forgiveness. The Paycheck Protection Program (PPP) is a loan designed to provide a direct incentive for small businesses to keep their workers on payroll.Lender Agreement (Federally Insured Depository Institutions, Federally Insured Credit Unions, Farm Credit System Institutions) All Lenders must submit Form 2484 with each PPP Borrower Application. SBA annouced loan forgivness for SMBs unable to payback the PPP loan. Learn how to fill out the PPP loan forgiveness application online using Signeasy. The Paycheck Protection Program (PPP) ended on May 31, 2021. Confidential, secure access. Switch plans or cancel any time.