PPP Information and Resources

Updated FAQs

 

All other non PPP Coronavirus-related regulatory information can be found here.

The PPP loan forgiveness application is now available, https://home.treasury.gov/system/files/136/3245-0407-SBA-Form-3508-PPP-Forgiveness-Application.pdf

PPP Forms, Policy Sample

SBA Procedural Notice for Lender Submission of PPP Loan Forgiveness Decisions

PPP – Revised Lender Application

PPP – Revised Borrower Application

SBA Procedural Notice – PPP Loan Participations

Documents for lenders participating in the Paycheck Protection Program.

Sample SBA Procedure for CUs (Worddoc)

Sample SBA Policy for CUs (PDF)

Rules, Policies

Treasury IFR – Appeals of SBA Loan Review Decisions Under the PPP

Treasury IFR – Revisions to Loan Forgiveness Interim Final Rule and SBA Loan Review Procedures Interim Final Rule

Treasury IFR – Additional Revisions to Interim Final Rule

Treasury IFR – Loan Forgiveness

Treasury IFR – SBA Loan Review Procedures and Related Borrower and Lender Responsibilities

Treasury IFR – Loan Increases

Treasury IFR -Requirements for Promissory Notes, Authorizations, Affiliation, and Eligibility

Treasury IFR – Loans to Corporate Groups

Treasury IFR – Disbursements

Treasury IFR – Additional Criterion for Seasonal Employers

Treasury IFR – Additional Eligibility Criteria and Requirements for Certain Pledges of Loans

Information from CUNA’s CompBlog

Participation – Paperwork, etc.

Credit unions that wish to participate in the PPP must submit an application that includes a Form 3506 and an Incumbency Certificate Form 1014.

NCUA

https://www.ncua.gov/regulation-supervision/letters-credit-unions-other-guidance/regulatory-treatment-paycheck-protection-program-loans

The NCUA unanimously approved an interim final rule that amends the agency’s capital adequacy and member business loans and commercial lending regulations following the creation of the Small Business Administration’s Paycheck Protection Program.

 

 

 

 

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