Resources from BankSouth

PPP Eligibility and Application Instructions

Resources for Application Speed and Accuracy

Streamline Your Paycheck Protection Program Origination Process.

The goal of the Small Business Administration's (SBA) Paycheck Protection Program (PPP) has been to assist owners and employees at small businesses like yours to survive the impacts of the COVID-19 pandemic.

Save Time in the Application Process.

BankSouth has gathered resources on document collection, form submissions, and timelines in order to help you complete your application quickly and accurately. We aim to support the long-term success of your business.

This resource page is based on the latest guidance provided by the SBA and Treasury. This guidance may be updated and we commit to providing changes as released. There may be a short time in which our resources/videos are not updated for new SBA guidance and/or general updates to the software.

Resource Links

  From the Treasury, SBA, and more

Note that some resources listed below will open up tabs to external sources.

Don't have a PDF reader? Access one here.

The SBA is offering help with eligibility and applications through many of their SBA district offices, Small Business Development Centers and SCORE Business Mentor programs. Contact the SBA District Office for your zip code.

PPP Origination Guide Videos

The following videos can be used as a helpful guide as you fill out your application in the Abrigo platform. These videos will walk you through filling out your application, calculating maximum loan amounts, and understanding the required documentation you will need to participate in this program.

  • The First Draw PPP Loan video section contains videos that pertain to applicants that did not receive a PPP loan for their business in any of the previous rounds of PPP funding.
  • The Second Draw PPP loan video section contains videos that pertain to applicants that did receive a PPP loan for their business in any of the previous rounds of funding.
  • For applicants seeking to apply for an increase of an existing PPP loan, the “Eligibility, Loan Increase, Loan Terms” video in the First Draw PPP Loan section includes information for applicants that are eligible for a loan increase. Please contact your lender directly for increases in existing PPP loans.

First Draw Videos

Eligibility, Loan Increase, Loan Terms

Beginning the Process

 

Maximum Loan Amount

Getting the Most Value

 

Documentation

Collecting the right materials.

 

Application

A walk-through of how to apply

 

Second Draw Videos

Eligibility and Loan Terms

Beginning the Process

 

Maximum Loan Amount

Getting the Most Value

 

Documentation

Collecting the Right Materials

 

Application

A walk-through of how to apply

 

Still have questions? Contact BankSouth for additional help.