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.Lender Agreement (Federally Insured Depository Institutions, Federally Insured Credit Unions, Farm Credit System Institutions) Get the latest updates and simplify the process. Learn how to fill Paycheck Protection Program form online using Signeasy. Kim Eells of Georgia Primary Bank spoke to the GABB about new SBA guidelines for Paycheck Protection Program loans when selling a business. Eligible businesses could qualify for one SBA guaranteed loan under the PPP. Associate(s) who completed Section Two. A PPP loan allows a business applicant to receive funds up to 2.5 times the applicant's average monthly payroll costs.