Use this form to apply for the Paycheck Protection Program (PPP) with an eligible lender for a First Draw loan. Existing borrowers may be eligible for PPP loan forgiveness.This program provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. Lender Agreement (Federally Insured Depository Institutions, Federally Insured Credit Unions, Farm Credit System Institutions) 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 Small Business Administration (SBA) has opened a new round of the Paycheck Protection Program (PPP), its forgivable loan program.