Existing borrowers may be eligible for PPP loan forgiveness. Use this form to apply for the Paycheck Protection Program (PPP) with an eligible lender for a First Draw loan.However, once you submit a complete forgiveness application to your lender. They have 60 days to review and submit it to the SBA. A lender does not need a separate SBA Authorization for SBA to guarantee a PPP loan. However, lenders must have executed SBA Form 2484 (Lender's. The Small Business Administration (SBA) has announced that they will reopen their portal for Paycheck Protection Program (PPP) loans for eligible borrowers. Keep in mind however, that you will submit your application through your lender who likely will require you to fill out an application online. In the event of any discrepancies between the information on this site and the SBA's site, please follow official SBA guidance. Draw Borrower Application Form (SBA Form 2483SD or lender's equivalent form).