PPP Loan Applications definition

PPP Loan Applications means the Paycheck Protection Program Borrower Application Forms, and SBA Forms 2483, submitted by the Company in connection with the PPP Loans, together with all certifications set forth therein and all appendices, exhibits, attachments and other documents submitted in connection therewith.
Sample 1Sample 2Sample 3
PPP Loan Applications means the applications submitted by the Companies to a PPP Lender and pursuant to which a Company PPP Loan was granted and accepted by a Company.
Sample 1

Examples of PPP Loan Applications in a sentence

  • From my review of bank records, I know, in substance and in part, that the Bella Oregon Address is the address (i) associated with the Bella Music Company bank account, which received approximately $729,550 of the fraudulent funds procured through the Company-1 and Company-2 PPP Loan Applications; as well as (ii) associated with a personal bank account in BELLA’s name.

  • Paycheck Protection Program Update: SBA Issues Immediately Effective Rules Hours Before BanksMay Begin Accepting PPP Loan Applications The Rules also state that since independent contractors have the ability to apply for a PPP loan on their own, they do not count for purposes of a borrower’s PPP loan calculation.

  • Finish Armor, LLC PPP Loan Applications to Lender 2 On or around June 4, 2020, the defendant, using his name and SSN, initiated a PPP application online to Lender 2 for the business Finish Armor, LLC, with the same EIN.

  • If a borrower knowingly uses funds for unauthorized purposes, the SBA states that the borrower will be subject to additional liability for Paycheck Protection Program Update: SBA Issues Immediately Effective Rules Hours Before BanksMay Begin Accepting PPP Loan Applications criminal charges such as fraud.

  • Failing to devote adequate resources to making sure that its customers (including Plaintiff) were able to submit PPP Loan Applications to Defendant prior to the first tranche of the PPP loan monies being depleted.

  • In support of the PPP Loan Applications, the defendants submitted, and caused to be submitted, false and fraudulent documentation purporting to substantiate the monthly payroll expenses, assets, and employee count alleged in the PPP Loan Applications.

  • At times, the defendants sought to disguise the true nature of their companies, which either had no employees or had fewer employees than what was represented on the PPP Loan Applications, by creating fraudulent payrolls following the successful receipt of fraudulently obtained PPP loans.

  • The PPP Loan Applications (a) were authorized by the Company in accordance with its Organizational Documents, (b) were completed and submitted by the Company in good faith, (c) were correct and complete in all material respects, (d) presented fairly the financial position and results of operations of the Company as set forth therein, (e) were derived from the books and records of the Company and (f) to the Knowledge of the Company, complied with the CARES Act and Applicable Law.

  • The defendants also falsely certified on the PPP Loan Applications that the PPP loan funds would be used to retain workers and cover payroll expenses, and to make mortgage interest payments, lease payments, and/or utility payments.

  • Licensees maintain appropriate protocols forresponding to positive test results for their workers and report to CNSC regularly.

Related to PPP Loan Applications

  • Loan Application is defined in Section 5.16(a).

  • SAP Application(s) means all Packages (i.e. all Software and Third Party Software) licensed under the Agreement and/or SAP cloud services for which Customer has a valid subscription, excluding User Interfaces for ERP, SAP Technology Solutions and all database Packages.

  • Complete application means a document prepared in

  • Written application or "written election" means a written instrument, prescribed by the board

  • Request regarding a list of collateral means a record authenticated by a debtor requesting that the recipient approve or correct a list of what the debtor believes to be the collateral securing an obligation and reasonably identifying the transaction or relationship that is the subject of the request.

  • Creation Application means an application by a Participating Dealer for the creation and issue of Units in an Application Unit size (or whole multiples thereof) in accordance with the Operating Guidelines and the Trust Deed.

  • Athlete Application means the form set by the NZOC that must be completed by any Athlete applying to be nominated and selected to the Games Team.

  • FCC Applications means those applications and requests for waivers required to be filed with the FCC to obtain the approvals and waivers of the FCC pursuant to the Communications Act and FCC Rules necessary to consummate the transactions contemplated by this Agreement.

  • Request for Applications (RFA) means the document (including all amendments and attachments) issued by the System Agency under which applications for Program funds were requested, which is incorporated by reference for all purposes in its entirety.

  • Borrower Financial Statements has the meaning assigned to such term in Section 4.4(a).

  • Uniform application means the current version of the national association of insurance commissioners uniform application for resident and nonresident insurance producer licensing.

  • Lender Presentation means the Lender Presentation dated July 12, 2016, relating to the Credit Facilities and the Transactions.

  • Provider Platform Application means an application or a set of related functionality deployed on a Platform Cloud Service, created by Provider using the Tools to run on or with the Platform Cloud Service for access by End Users.

  • Project Loan Agreement means the Project Loan Agreement dated as of the date hereof among the Borrower, the Governmental Lender and the Fiscal Agent, as amended, supplemented or restated from time to time.

  • Collateral Reports means the reports with respect to the Collateral referred to in Annex F.

  • Application packet means the information, documents, and fees required by the Department for the:

  • Application Package means the forms, schedules, checklists, exhibits, computer disks and instructions thereto obtained from the Agency, which shall be completed and submitted to the Agency in accordance with all regulations in order to apply for the HTC Program.

  • Loan List means the Loan List provided by the Borrower to the Administrative Agent and the Collateral Custodian, as set forth in Schedule II hereto (which shall include the specific documents that should be included in each Loan File), as the same may be changed from time to time in accordance with the provisions hereof.