PPP Loan Amount definition

PPP Loan Amount means the aggregate principal amount of the PPP Loan, together with interest accrued thereon through the anticipated date of forgiveness of the PPP Loan.

PPP Loan Amount means the amount outstanding of the PPP Loan as of the Closing Date.

PPP Loan Amount means any outstanding amount of Debt related to that certain Paycheck Protection Note, dated as of April 29, 2020, from Citizens Bank N.A., as Lender, issued to the Company pursuant to the Paycheck Protection Program provided for in Section 7(a) of the Xxxxx Xxxxxxxx Xxx 0000, as amended by the CARES Act, that has not been repaid or forgiven prior to the Closing.

Examples of PPP Loan Amount in a sentence

• PPP Loan Amount: Enter the disbursed principal amount of the PPP loan (the total loan amount you received from the Lender).

• You will be required to provide the following information for authentication purposes: 1) Borrower (your) email address, 2) Borrower (company) Tax ID, and 3) Borrower Original PPP Loan Amount (amount originally funded).

• SBA PPP Loan Number: PPP Loan Amount: Lender PPP Loan Number: PPP Loan Disbursement Date: Employees at Time of Loan Application: _ Employees at Time of Forgiveness Application: EIDL Advance Amount: Forgiveness Amount: EIDL Application Number: By Signing Below, You Make the Following Representations and Certifications on Behalf of the Borrower:The Authorized Representative of the Borrower certifies to all of the below by initialing next to each one.

• In the event that any portion of the PPP Loan is not forgiven (any such amount which is not forgiven, the “Unforgiven PPP Loan Amount”), the PPP Lender will be entitled to recover such Unforgiven PPP Loan Amount from the PPP Escrow Fund and, if such Unforgiven PPP Loan Amount is less than the amounts then in the PPP Escrow Fund (such remainder, the “PPP Escrow Remainder”), the PPP Lender will release the PPP Escrow Remainder to the Company (prior to Closing) or Atlas (after the Closing), as applicable.

• Log in to the Online PPP Application Platform or continue from above.2. Confirm your business information.3. The 3508S Application type is selected by default if your PPP Loan Amount is $150,000 or less.

More Definitions of PPP Loan Amount

PPP Loan Amount has the meaning set forth in Section 2.8(a)(v).

PPP Loan Amount means $4,591,500.

PPP Loan Amount means the principal amount of $634,750 under the PPP Loan.

PPP Loan Amount shall have the meaning set forth in Section 6.13.

PPP Loan Amount has the meaning set forth in Section 4.29(a).

PPP Loan Amount means $442,789.14.

PPP Loan Amount means $234,300 plus any interest accrued thereon in accordance with the terms of the PPP Loan.