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.What are the primary terms for PPP loans? PPP Lender Agreement. Identify the borrower. Gather and provide all supporting documentation including payroll information with your application. Below is a full list of Required Documentation. How to Complete Your PPP Loan Application Step 1: Access your PPP Application. Step 2: Add or Confirm Existing Business Information. Instructions for Lenders.