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Paycheck protection program loan application - Mid Penn Bank

Paycheck protection program loan application - Mid Penn Bank 2025

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The document is a personal loan application form from Platinum Bank, requiring detailed personal and financial information from applicants. It includes sections for individual and joint applicants, questions about financial history, loan requests, demographic information for compliance with federal laws, and acknowledgments regarding the accuracy of provided information. The form emphasizes the importance of confidentiality and compliance with regulations related to anti-terrorism and money laundering.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How do I get my PPP?

In order to apply for a PPP loan as a self-employed individual or independent contractor, you have to meet the following criteria: Must be in operation before February 15, 2020. Must have income from self-employment, sole proprietorship, or as an independent contractor. Must live in the United States.

Are PPP loans available now?

Is a PPP still available? The Paycheck Protection program ended on May 31, 2021. For additional non-PPP loan options, explore our Loan Types section and find the solution that fits your business.

How much can you get with a PPP loan?

How much can I borrow? The maximum loan amount is 2.5 times the average total monthly payroll costs incurred in the one-year period before the loan origination date, or $10 million, whichever is smaller.

Did PPP open back up?

The Paycheck Protection Program (PPP) will re-open the week of January 11 for new borrowers and certain existing PPP borrowers.

What proof do you need for a PPP loan?

Each owner must be accounted for in the PPP application form. Along with each owners TIN, EIN, or SSN, lenders will also require a government-issued ID such as a Passport or a state- issued Drivers License.

How can I get the PPP loan?

You can apply through any existing SBA lender or through any FDIC institution, federally insured credit union, and Farm Credit System institution that is participating. See .sba.gov for a list of SBA lenders.

How does the Paycheck Protection Program work?

Small Business Paycheck Protection Program This program provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent, and utilities.

Can I still apply for Paycheck Protection Program?

The Small Business Administration (SBA) is no longer accepting Paycheck Protection Program (PPP) loan applications.

Paycheck protection program loan application - Mid Penn Bank 2025

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