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 Pima
Category:
State:
Multi-State
County:
Pima
Control #:
US-00193
Format:
Word;
Rich Text
Instant download
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FAQ
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.
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.
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Paycheck Protection Program. Get information about the SBA loan program that helped businesses keep their workforce employed during the COVID-19 crisis.Use this form to apply for the Paycheck Protection Program (PPP) with an eligible lender for a First Draw loan. How do I apply for PPP Loan? • You will need to fill out the Paycheck Protection. Be sure to submit the correct form to prevent any delays. National Serving Certificate. OCAG.