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PPP information for lenders
The SBA has published Form 3506, which non-SBA lenders must submit to receive delegated authority to issue 7(a) loans under the Paycheck Protection Program. Completed forms should be submitted via email to email@example.com.
During the weekend, the SBA issued an FAQ confirming that faith-based organizations (including churches, mosques, synagogues and other houses of worship) may apply for PPP loans. Treasury also issued an FAQ document on the PPP, which will be updated from time to time, and guidance on applicable PPP affiliation rules.