This form is an assumption agreement for a Small Business Administration (SBA) loan. Party assuming the loan agrees to continue payments thereon. SBA agrees to the assumption of the loan and release of original debtor. Adapt to fit your circumstances.
Sba Loan Forgiveness For Covid In Montgomery
Category:
State:
Multi-State
County:
Montgomery
Control #:
US-00193
Format:
Word;
Rich Text
Instant download
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FAQ
For additional information, please contact the SBA disaster assistance customer service center. Call 1-800-659-2955 (TTY: 1-800-877-8339) or e-mail disastercustomerservice@sba. Visit SBA/disaster for more information.
Borrowers who need assistance with direct forgiveness can call SBA at 877-552-2692 from Monday through Friday, a.m. to p.m. ET. Closed on all federal holidays. The call center can only assist direct forgiveness applicants.
COVID-19 EIDL is not forgivable.
More info
All borrowers, regardless of loan size, can use SBA's direct forgiveness portal. Applying for forgiveness using the portal can take as little as 15 minutes.CBM is available to help businesses complete their Paycheck Protection Program loan forgiveness application. Existing borrowers may be eligible for PPP loan forgiveness. SBA has also introduced a great EZ Forgiveness Application version as well as a full application version. After receipt of an application for forgiveness, a lender has 60 days from receipt of a complete application to issue a decision to the SBA. You will need your PPP Loan Amount, Loan Disbursement Date, and nine-digit Business Tax Identification Number (TIN). Selfreliance FCU is now accepting applications for the SBA PPP Loan Forgiveness. Borrowers must complete and submit a PPP loan forgiveness application.