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WOMPLY PPP FASTLANE SIGN IN FULL
WOMPLY PPP FASTLANE SIGN IN CODE

When do I need to provide the documentation to substantiate the reduction in gross receipts? I am an applicant for a Second Draw PPP Loan amount of $150,000 or less.I am applying for a Second Draw PPP Loan amount greater than $150,000.If I use my entity’s annual income tax returns to demonstrate a gross receipts reduction of at least 25 percent, what amounts do I use to calculate gross receipts?.What documentation do I need to provide to corroborate that my entity sustained at least a 25 percent reduction in gross receipts?.What reference periods can be used to determine whether the Applicant can demonstrate at least a 25 percent gross receipts reduction in order to qualify for a Second Draw PPP loan?.For all entity types (e.g., for-profit businesses and nonprofit organizations), do “gross receipts” include PPP Loan proceeds that are forgiven (or EIDL advances)?.What are “gross receipts” for the purpose of determining eligibility for a Second Draw PPP Loan?.

May applicants use SBA’s established size standards (either revenue-based or employee-based) or SBA’s alternative size standard to qualify for a Second Draw PPP Loan?.

If a borrower received partial forgiveness of its First Draw PPP Loan, does this make the borrower ineligible for a Second Draw PPP Loan?.

To be eligible for a Second Draw PPP Loan, a borrower must certify on SBA Form 2483-SD that, before the Second Draw PPP Loan is disbursed, the borrower will have used the full loan amount (including any increase) of its First Draw PPP Loan “only for eligible expenses.” How does the separate requirement that the borrower must use at least 60% of the First Draw PPP Loan proceeds for payroll costs affect this certification?.How do SBA’s affiliation rules affect an applicant’s eligibility for a Second Draw PPP Loan?.Are Second Draw PPP Loans eligible for loan forgiveness?.Who is not eligible for a Second Draw PPP Loan?.Can I get a Second Draw PPP loan if I didn’t spend my First Draw loan?.

Can I enter NAICS code 72 on my Second Draw PPP Loan application if the business activity code line was left blank on my business’s most recently filed income tax return?.

What requirements apply to Second Draw PPP Loans?.

My lender said my second draw loan is being reviewed.

Ensuring Access to Second Draw Loans for All.

How and When to Apply for Second Draw PPP Loans.

Maximum Loan Amount and Increased Assistance for Accommodation and Food Services Businesses for Second Draw Loans.

Will an applicant’s Second Draw PPP Loan application be affected if there are unresolved issues regarding the applicant’s First Draw PPP Loan?.

If my First Draw loan doesn't need to be forgiven in order for me to apply for a Second Draw, can I apply for a First Draw loan and a Second Draw loan at the same time?.

Full Forgiveness Terms for Second Draw Loans.

If I already received a PPP loan, does it need to be forgiven before I apply for a Second Draw PPP loan?.What does the PPP First Draw Loan Number look like?.Where do I find my PPP First Draw SBA Loan Number?.Do I need to get my Second Draw PPP loan from my First Draw PPP loan lender?.How do I submit an application for a Second Draw PPP Loan and what documentation must I provide to demonstrate eligibility?.What is the maximum loan amount for a Second Draw PPP Loan?.How do I know if I can get a Second Draw PPP loan?.

WOMPLY PPP FASTLANE SIGN IN FULL

WOMPLY PPP FASTLANE SIGN IN CODE