This version of the form is not currently in use and is provided for reference only. Download this version of SBA Form 2483 for the current year.
This is a legal form that was released by the U.S. Small Business Administration on April 1, 2020 and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is SBA Form 2483?
A: SBA Form 2483 is the Paycheck Protection Program Borrower Application Form.
Q: What is the Paycheck Protection Program?
A: The Paycheck Protection Program is a federal loan program designed to provide financial assistance to small businesses during the COVID-19 pandemic.
Q: Who can use SBA Form 2483?
A: Small businesses, nonprofits, veterans organizations, self-employed individuals, and independent contractors can use SBA Form 2483 to apply for the Paycheck Protection Program.
Q: What information is required on SBA Form 2483?
A: SBA Form 2483 requires information about the borrower's business, payroll costs, number of employees, and other financial details.
Q: Are there any fees to apply for the Paycheck Protection Program?
A: No, there are no fees to apply for the Paycheck Protection Program.
Q: What can the Paycheck Protection Program funds be used for?
A: The funds from the Paycheck Protection Program can be used for payroll costs, rent, mortgage interest, and utilities.
Q: Is the Paycheck Protection Program forgivable?
A: Yes, the Paycheck Protection Program loans may be forgiven if certain conditions are met, including using the funds for eligible expenses.
Q: How long does it take to process SBA Form 2483?
A: The processing time for SBA Form 2483 may vary, but lenders are encouraged to process the applications as quickly as possible.
Q: Is there a deadline to apply for the Paycheck Protection Program?
A: Yes, the Paycheck Protection Program had a deadline of August 8, 2020, but it was extended to August 8, 2023, allowing more time for eligible businesses to apply.
Form Details:
Download a fillable version of SBA Form 2483 by clicking the link below or browse more documents and templates provided by the U.S. Small Business Administration.