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 Ppp Loan Agreement Form In Palm Beach
Category:
State:
Multi-State
County:
Palm Beach
Control #:
US-00193
Format:
Word;
Rich Text
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FAQ
Paycheck Protection Program. Borrower Application Form. 1. SBA Form 2483 (04/20) ☐
SBA Form 2483 (3/21) Paycheck Protection Program. Borrower Application Form Revised March 18, 2021.
How to fill out SBA form 413 Provide basic business information. Report your assets. Report your liabilities. List your source of income and contingent liabilities to complete section 1. Detail your notes payable to banks and others in section 2. Detail the status of your stocks and bonds for section 3.
While PPP loans were designed as a temporary and short-term relief from the economic decline due to the pandemic, SBA loans were created as a long-term financing solution. They have a more extended repayment or maturity term that can be up to 25 years, depending on the borrower's business sector.
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Use this form to apply for the Paycheck Protection Program (PPP) with an eligible lender for a First Draw loan. Paycheck Protection Program.Get information about the SBA loan program that helped businesses keep their workforce employed during the COVID-19 crisis. PPP Lender Agreement. The State Attorney's Office and the Palm Beach County Sheriff's Office recently started a Paycheck Protection Program Fraud Task Force. The purpose of this form is to collect identifying information about the Lender, the Applicant, the loan guaranty request, sources and uses of funds, the. Explore SBA's low-interest disaster loans to help businesses and homeowners recover from declared disasters. Apply for an SBA disaster loan. Confidential, secure access. Switch plans or cancel any time.