Existing borrowers may be eligible for PPP loan forgiveness. Learn how to fill Paycheck Protection Program form online using Signeasy.This notice provides guidance on the procedures for completing whole loan sales of PPP loans between participating lenders. Explore detailed guidance on PPP loan forgiveness, covering application procedures, eligibility, and required documents. Answer: No. A lender does not need a separate SBA Authorization for SBA to guarantee a PPP loan. Use this form to apply for the Paycheck Protection Program (PPP) with an eligible lender for a First Draw loan. You will have no problem submitting an electronically signed document for your SBA loan. (SBA) approved partner. As an experienced SBA 7(a) lender, we were an active participant in the PPP. A PPP loan allows a business applicant to receive funds up to 2.5 times the applicant's average monthly payroll costs.