PPP Loan has the meaning set forth in Section 3.28.
PPP Loan means any covered loan obtained under 15 U.S.C. 636(a)(36) (as added to the Small Business Act by Section 1102 of the CARES Act).
PPP Loan means (i) any covered loan under paragraph (36) of Section 7(a) of the Small Business Act (15 U.S.C. 636(a)), as added by Section 1102 of the CARES Act, or (ii) any loan that is an extension or expansion of, or is similar to, any covered loan described in clause (i).
Examples of PPP Loan in a sentence
PPP Loan Disbursement Date: Enter the date that you received the PPP loan proceeds from the Lender.
Lender PPP Loan Number: Enter the loan number assigned to the PPP loan by the Lender.
PPP Loan Amount: Enter the disbursed principal amount of the PPP loan (the total loan amount you received from the Lender).
SBA PPP Loan Number: Enter the loan number assigned by SBA at the time of loan approval.
Documents that Each Borrower Must Submit with its PPP Loan Forgiveness Application Form 3508EZ PPP Loan Forgiveness Calculation Form 3508EZPayroll: Documentation verifying the eligible cash compensation and non-cash benefit payments from the Covered Period or the Alternative Payroll Covered Period consisting of each of the following:a.
More Definitions of PPP Loan
PPP Loan means the loan the Company received on or about April 8, 2020, in the original principal amount of $2,063,100, plus all interest accrued thereon, under the Paycheck Protection Program administered by the U.S. Small Business Administration and pursuant to the Coronavirus Aid, Relief, and Economic Security Act.
PPP Loan means the PPP loan of $735,552 under the Promissory Note dated as of April 14, 2020 executed by the Company in favor of Bank of America, N.A.
PPP Loan has the meaning set forth in Section 4.29(a).
PPP Loan means the Business Loan Agreement, entered into between the Company and Zions Bancorporation, N.A. dba California Bank & Trust, dated April 15, 2020, and the Promissory Note, entered into between the Company and Zions Bancorporation, N.A. dba California Bank & Trust, dated April 15, 2020, in the principal amount of $4,204,300 and issued pursuant to the U.S. Paycheck Protection Program.
PPP Loan means the loan in the original principal amount of $1,000,000 obtained by Marlboro from Peoples United Bank (the “Bank”) on or about April 9, 2020 pursuant to the Paycheck Protection Program of the U.S. Coronavirus Aid, Relief, and Economic Security (CARES) Act (the “CARES Act”).
PPP Loan means any loan under the Paycheck Protection Program of the U.S. Small Business Administration.