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.
Resources from Community West Bank
PPP Eligibility and Application Instructions
PPP funding has been exhausted. The SBA will continue to fund outstanding, approved PPP applications but will not accept new applicants. Please contact Community West Bank with questions.
Resources for Application Speed and Accuracy
Streamline Your Paycheck Protection Program Origination Process.
Save Time in the Application Process.
Community West Bank 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.
FAQs and Checklists
- How Does a Borrower Qualify for a Second-Draw PPP Loan? Checklist [PDF]
- Second Draw Documentation and Maximum Loan Calculation FAQ [PDF]
- PPP FAQ as of 1/29/2021 [PDF]
- PPP How to Calculate Maximum Loan Amounts for First Draw PPP Loans and What Documentation to Provide - By Business Type [PDF]
- Second Draw PPP Loans: How to Calculate Revenue Reduction and Maximum Loan Amounts Including What Documentation to Provide [PDF]
Forms and Program Rules
- Form 2483 Borrower Application [PDF] For Reference Only
- Form 2483-SD Borrower Application [PDF] For Reference Only
- SBA Interim Final Rule (IFR) First Draw PPP [PDF]
- SBA Interim Final Rule (IFR) Second Draw PPP [PDF]
- PAYCHECK PROTECTION PROGRAM (PPP) Guidance on Accessing Capital for Minority, Underserved, Veteran and Women-Owned Business Concerns [PDF]
- SBA Table of Small Business Size Standards for Eligibility Determination (13 C.F.R. 121.201) [PDF]
- Form 2483-C (First Draw application for Schedule C Filers using Gross Income to calculate loan amount) [PDF]
- Form 2483-SD-C (Second Draw application for Schedule C Filers using Gross Income to calculate loan amount) [PDF]
- SBA Interim Final Rule (IFR) Changes to maximum loan amount calculations for Schedule C filers [PDF]
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 Community West Bank for additional help.