Tuesday, July 27, 2021

SBA releases technical information for PPP system

The SBA released technical information tonight that lenders will need to access the updated Paycheck Protection Program loan portal system.

The portal opens Monday but only for “community financial institutions,” which mean CDFIs, MDIs, certified development companies and microloan intermediaries.

The first part released tonight contains information regarding API technical information. The second part is the SBA Paycheck Protection Platform Lender Instructions Origination Systems User Guide.

You can access both by clicking the links below:

• SBA PPP Lender Instructions — API Technical Information

• SBA PPP Lender Instructions — Origination System User Guide