“FINAL” SBA PPP LOAN APPLICATION RELEASED

https://home.treasury.gov/system/files/136/Paycheck-Protection-Program-Application-3-30-2020-v3.pdf

cc @trevorloy @JeffFarrah @nvca @skupor

the new form, like the interim final rule, provides no new guidance about application of affiliation rules BUT

the new form does helpfully clear up some confusing language about who needs to answer certain questions and required responses

some big changes!

- no more requirement for 20% owners to initial questions

- no more u.s. citizen/legal resident question

also, if you're curious what PPP lenders will be passing along to the SBA when asking the SBA to guaranty the loan, here is the lender data form that will be submitted behind the scenes (which mostly overlaps with the application):

https://home.treasury.gov/system/files/136/PPP-Lender-Application-Form-Fillable.pdf