NerdWallet

SBA Form 413: How to Fill out the Personal Financial Statement

SBA Form 413 is typically required as part of an SBA loan application. The SBA uses this form to evaluate your finances. Many, or all, of the products featured on this page are from our advertising ...
Accounting Today

SBA releases streamlined PPP forgiveness forms

The U.S. Small Business Administration released a one-page form aimed at simplifying the process of applying for forgiveness of Paycheck Protection Program loans, along with newly revised and updated ...
JD Supra

A Guide to the SBA PPP Loan Forgiveness Review Process

Borrowers applying for loan forgiveness under the Small Business Administration’s (“SBA”) Paycheck Protection Program (“PPP”) should familiarize themselves with the SBA guidance regarding the loan ...
JD Supra

First Draw Loans at or Over $2 million—SBA Discontinues Use of Necessity Questionnaires and What Is Next - Update

As per our earlier articles, in late 2020, the SBA began requiring borrowers with First Draw PPP loans $2 million or greater to complete a PPP Loan Necessity Questionnaire (Form 3509 (For Profit ...
The Business Journals

SBA's new PPP loan forgiveness forms raise red flags with experts

The Small Business Administration is seeking approval to send new Paycheck Protection Program loan questionnaires to businesses that received more than $2 million, causing some experts to worry it may ...