Paycheck Protection Loan Program Borrower Information Form and Lender's Application for Loan Guaranty

PAYCHECK PROTECTION PROGRAM

OMB CONTROL NO.: 3245-0407
EXPIRATION DATE:

Lender Reporting Requirements: Loan Forgiveness and Loan Reviews
Lenders participating in the Paycheck Protection Program (PPP) are required to submit the
information described below in connection with a Borrower’s request for loan forgiveness and
SBA’s review of loans, including lender oversight reviews. The requested information is required
for compliance with PPP loan requirements. Failure to submit the information may result in denial
of loan forgiveness requests or determinations that the lender is in material non-compliance with
PPP loan program requirements.
FORGIVENESS REQUEST
Lenders are required to submit the following information, where applicable, in connection with
a Forgiveness Request:
o For borrower applications submitted using the SBA Form 3508:
• PPP Loan Forgiveness Calculation Form
• PPP Schedule A
• (optional) PPP Borrower Demographic Information Form (if
submitted to lender)
o For borrower applications submitted using the SBA Form 3508EZ or SBA
Form 3508S:
• SBA Form 3508EZ, SBA Form 3508S or lender’s equivalent form
• (optional) PPP Borrower Demographic Information Form (if
submitted to lender)
LOAN REVIEW
Lenders are required to submit the following information if the lender receives notice that SBA is
reviewing a loan:
o Borrower Application Form (SBA Form 2483 or lender’s equivalent form) and all
supporting documentation provided by the borrower
o PPP Loan Forgiveness Application (SBA Form 3508, 3508EZ, 3508S, or lender’s
equivalent form) (if not previously submitted), and all supporting documentation
provided by the borrower (if the lender has received such application at the time
of the review or if the lender receives the application while the review is ongoing)
o Applicable documentation that the instructions to the Loan Forgiveness
Application (SBA Form 3508, 3508EZ, 3508S, or lender’s equivalent) instruct the
borrower to maintain but not submit (documentation listed under “Documents
that Each Borrower Must Maintain but is Not required to Submit”) (if the lender
has received such application at the time of the review or if the lender receives
the application while the review is ongoing)
o Signed and certified transcript of account
o Copy of executed note evidencing the PPP loan
o Other documents related to the loan requested by SBA
Paperwork Reduction Act: An agency may not conduct or sponsor, and a person is not required to respond to, a
collection of information unless it displays a valid OMB Control Number. The estimated time for responding,
including time to compile the data, is 30 minutes for the SBA Form 3508 forgiveness request, 15 minutes for the
SBA Form 3508EZ forgiveness request, 10 minutes for the SBA Form 3508S forgiveness request, and 30 minutes for

loan review requests. Comments concerning this burden estimate and suggestions for reducing this burden should
be directed to Director, Records Management Division, Small Business Administration 409 Third Street, SW,
Washington DC 20416 and SBA Desk Officer, Office of Management and Budget, New Executive Office Building,
Washington DC 20503.