NDC’S GAF is participating in First and Second Draw Paycheck Protection Program (PPP) loans. Please fill out the form below to apply or scroll down the page to see a list of Frequently Asked Questions.


  1. 1. How do I get a Paycheck Protection Program (PPP) loan?
    If you are a small business, you apply for a Small Business Administration (SBA) guaranteed loan from your bank or an authorized PPP small business lender.
  1. 2. How do I qualify for a PPP loan?
    If you are a business that was in operation as of February 15, 2020 and have 500 or fewer employees, you should be able to qualify for a forgivable loan.
  2. 3. How much can I borrow?
    You may borrow up to 2.5 times your average monthly payroll.  You must provide documentation of these expenses through Federal Tax Returns and/or IRS Form 941 or a payroll statement from a Professional Employer Organization.  There are limitations if any employee is paid more than $100,000 per year.  The maximum loan amount is $10,000,000.
  1. 4. I am self-employed with no employees. Can I use this program?
    Yes, self-employed businesses are eligible for PPP loans.  Your loan amount is based on your net profit reported on line 31 of IRS Form Schedule C.  Divide the amount on Line 31 by 12, multiply that figure by 2.5 and that is your maximum loan amount.
  1. 5. What is the eligible use for the loan funds?
    Payroll.  The loan is generally 100% forgiven by SBA if you use the loan proceeds to pay employees within a 24-week period.  Proceeds may be used for other business expenses but there are limitations.
  1. 6. What are the loan terms?
    If your small business is not able to spend all of the loan on eligible purposes, the loan terms are 1.0% for five years.
  1. 7. I am a nonprofit organization, not a small business. Are we eligible for a PPP loan?
    Yes.  Most nonprofit organizations are eligible if they have employees.
  1. 8. I already received a PPP loan last year. Can I apply for another round of PPP loans?
    Yes, you may apply for a Second Draw PPP Loan.
  2. 9. Are there any differences in the PPP Second Draw Loan?
    Yes, you must demonstrate a 25% reduction in gross receipts for comparable quarters in 2019 and 2020.  Also, the first PPP loan must have been spent on authorized uses.  The maximum loan for Second Draw is $2,000,000.  Additionally, a small business may not have more than 300 employees for this round.  If you are in a restaurant or accommodation sector (NAICS 72) the loan amount is 3.5 times your average monthly payroll costs up to the $2 million limit.
  3. 10. What do I need to apply?
    We have made our free webinar, “Helping Borrowers Prepare for the Paycheck Protection Program” available in English and Spanish to help answer questions about the PPP. In this webinar, an NDC loan officer reviews the requirements, documents, and updates related to the First and Second Draw PPP Program. At the end of the session, you will understand how to prepare for and obtain a First or Second Draw PPP loan with NDC’s GAF.
  4. 11. What is the deadline to apply?
    The deadline to apply is May 31, 2021. On March 30, 2021, President Biden signed into law the Paycheck Protection Program (PPP) Extension Act of 2021 which extended the deadline to apply for a PPP loan from March 31 to May 31, and extends authorization of loans to June 30 to give the Small Business Administration additional time to process applications.
  5. 12. What if I have additional questions during the application process?
    Watch the video below to hear how we guide applicants and borrowers every step of the way.