Paycheck Protection Program
Harvest PPP Portal Closed
PPP Portal closed due to exhausted funds!
FRAUD ALERT!
Anyone suspected of committing Fraud under the PPP Program will immediately be reported to the government agencies and prosecuted by law. Don’t do it, it’s not worth it!
PPP Portal closed due to exhausted funds!
FRAUD ALERT!
Anyone suspected of committing Fraud under the PPP Program will immediately be reported to the government agencies and prosecuted by law. Don’t do it, it’s not worth it!
PPP Forgiveness & Related Resources
Womply Fastlane Borrowers
The SBA Borrower Direct Forgiveness Platform is now available to apply for forgiveness
How to apply
1) The PPP Direct Forgiveness Portal can be accessed at https://directforgiveness.sba.gov/ (MS Edge or Google Chrome are the recommended browsers for optimal experience)
2) Click “Register to Start Your Application” and follow the instructions
3) Once registered, use your newly created credentials and SMS two-factor authentication to access the portal
4) Once logged in, select “Start New Forgiveness Request,” enter the TIN (SSN or EIN) used to apply for the loan and your SBA loan number
5) Follow the prompts to complete all the required fields
6) Once finished, the system will generate a completed 3508S application via DocuSign for you to execute and submit into the lender queue
*The Lender Loan Number is the same as your SBA Loan Number
**Please refer to the PPP Direct Forgiveness Platform User Guide for step-by-step details (DOWNLOAD)
***The Direct Forgiveness Knowledge Base resource is also available using this LINK for updated FAQ related to direct forgiveness
Harvest Borrowers
The SBA Borrower Direct Forgiveness Platform is now available to all borrowers with loan a amount of $150,000 or less, but you may also apply directly with us by following the instructions below. The process below is also for all Harvest Borrowers with a loan amount greater than $150,000
How to apply
Once you have completed the appropriate forgiveness application, please send an email request to ppp2020forgiveness@harvestcref.com, using the SUBJECT “Forgiveness Request” along with your SBA loan name and SBA loan number in the subject line of the email. Once received, one of our processors will send you a link to begin the online portion, where you will be able to upload your completed SBA forgiveness application and any required supporting documents. The processor that provides you with your link will also be your primary contact throughout the forgiveness process.
IMPORTANT - Please be sure to notify your processor once you’ve successfully submitted your online application.
In order to service everyone in an efficient manner, we respectfully ask that only forgiveness requests be sent to ppp2020forgiveness@harvestcref.com. For general PPP information and questions, please email ppp@harvestcref.com.
SBA Forgiveness Applications and Instructions
• Form 3508S (for loan amounts of $150,000 or less) - (DOWNLOAD)
• Form 3508EZ (must be able to answer affirmative to one of the two questions on pg 5 to be eligible) - (DOWNLOAD)
• Form 3508 (for loans not eligible for the 3508S/3508EZ) - (DOWNLOAD)
*Please note, each application contains a list of supporting docs within the instructions, that must be retained and/or required to submit with your application.
For Borrowers with loans of $150,000 or less
Only the completed, executed Form 3508S is required. No other supporting documents need to be uploaded, but you are required to retain all employment records/payroll documents in its file for four (4) years and all other documentation for three (3) years after the date the loan forgiveness application is submitted to the Lender.
For Borrowers with loans greater than $150,000
Please refer to the list of documents that each borrower must submit with its PPP Loan Forgiveness Application starting on page 8 of the 3508EZ and page 12 of the 3508.
How long with the forgiveness process take?
We have increased our team of dedicated processors to help expedite the process. From the time a complete forgiveness package is received, our team is processing and submitting the applications to the SBA within 2-3 business days, in most cases. Once submitted to the SBA, they have up to 90 days to decision your forgiveness application, but we typically receive feedback within 30 days of submission.
The SBA Borrower Direct Forgiveness Platform is now available to apply for forgiveness
How to apply
1) The PPP Direct Forgiveness Portal can be accessed at https://directforgiveness.sba.gov/ (MS Edge or Google Chrome are the recommended browsers for optimal experience)
2) Click “Register to Start Your Application” and follow the instructions
3) Once registered, use your newly created credentials and SMS two-factor authentication to access the portal
4) Once logged in, select “Start New Forgiveness Request,” enter the TIN (SSN or EIN) used to apply for the loan and your SBA loan number
5) Follow the prompts to complete all the required fields
6) Once finished, the system will generate a completed 3508S application via DocuSign for you to execute and submit into the lender queue
*The Lender Loan Number is the same as your SBA Loan Number
**Please refer to the PPP Direct Forgiveness Platform User Guide for step-by-step details (DOWNLOAD)
***The Direct Forgiveness Knowledge Base resource is also available using this LINK for updated FAQ related to direct forgiveness
Harvest Borrowers
The SBA Borrower Direct Forgiveness Platform is now available to all borrowers with loan a amount of $150,000 or less, but you may also apply directly with us by following the instructions below. The process below is also for all Harvest Borrowers with a loan amount greater than $150,000
How to apply
Once you have completed the appropriate forgiveness application, please send an email request to ppp2020forgiveness@harvestcref.com, using the SUBJECT “Forgiveness Request” along with your SBA loan name and SBA loan number in the subject line of the email. Once received, one of our processors will send you a link to begin the online portion, where you will be able to upload your completed SBA forgiveness application and any required supporting documents. The processor that provides you with your link will also be your primary contact throughout the forgiveness process.
IMPORTANT - Please be sure to notify your processor once you’ve successfully submitted your online application.
In order to service everyone in an efficient manner, we respectfully ask that only forgiveness requests be sent to ppp2020forgiveness@harvestcref.com. For general PPP information and questions, please email ppp@harvestcref.com.
SBA Forgiveness Applications and Instructions
• Form 3508S (for loan amounts of $150,000 or less) - (DOWNLOAD)
• Form 3508EZ (must be able to answer affirmative to one of the two questions on pg 5 to be eligible) - (DOWNLOAD)
• Form 3508 (for loans not eligible for the 3508S/3508EZ) - (DOWNLOAD)
*Please note, each application contains a list of supporting docs within the instructions, that must be retained and/or required to submit with your application.
For Borrowers with loans of $150,000 or less
Only the completed, executed Form 3508S is required. No other supporting documents need to be uploaded, but you are required to retain all employment records/payroll documents in its file for four (4) years and all other documentation for three (3) years after the date the loan forgiveness application is submitted to the Lender.
For Borrowers with loans greater than $150,000
Please refer to the list of documents that each borrower must submit with its PPP Loan Forgiveness Application starting on page 8 of the 3508EZ and page 12 of the 3508.
How long with the forgiveness process take?
We have increased our team of dedicated processors to help expedite the process. From the time a complete forgiveness package is received, our team is processing and submitting the applications to the SBA within 2-3 business days, in most cases. Once submitted to the SBA, they have up to 90 days to decision your forgiveness application, but we typically receive feedback within 30 days of submission.
If you have questions or a request regarding PPP Forgiveness, please email ppp@harvestcref.com or call (949) 994-3610
HARVEST SMALL BUSINESS FINANCE, LLC (“HARVEST”) is a non-bank lender with the specific goal of serving small business borrowers who have traditionally been ignored by large, regional, and community banks. The increased regulatory burden placed on banks has created a standardized approach to Commercial Real Estate (CRE) lending, leaving many small businesses behind. With a company mindset dedicated to solution oriented CRE lending, Harvest fills the void created by traditional bank and finance companies. We offer commercial real estate loans starting at $300,000 up to $5 million to customers in most industries.
Formed in 2016 and headquartered in Laguna Hills, California, Harvest is an affiliate of Medalist Partners, LP ("Medalist"), a New York based investment manager with approximately $2.2 billion in assets under management (AUM) as of January 31, 2021 across strategies in asset-based private credit, structured credit, and CLOs.
Formed in 2016 and headquartered in Laguna Hills, California, Harvest is an affiliate of Medalist Partners, LP ("Medalist"), a New York based investment manager with approximately $2.2 billion in assets under management (AUM) as of January 31, 2021 across strategies in asset-based private credit, structured credit, and CLOs.
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- UP TO 93%
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- CAN HANDLE CHALLENGING CREDITS AND PROJECTION BASED LOANS
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