In this 2-minute read:
- How do I find my PPP First Draw SBA Loan Number number?
- Why do I need my PPP loan number when applying for a second-draw PPP loan?
- How long is my PPP loan number/What does my PPP number look like?
- Is my PPP loan number the same as my SBA Customer ID number?
One notable feature of the PPP loan changes for 2021 is that certain businesses may apply for “second draw” PPP loans. That is, struggling small businesses that received a PPP loan during 2020 may be able to qualify for a second PPP loan in 2021.
Get your PPP loan or second draw PPP loan through Womply! Womply has helped over 200,000 businesses get their PPP funding. It’s free to apply for a PPP loan, and Womply can help connect you with an SBA lender that’s right for you! Start your PPP application.
One of the necessary items you will need during your application process for a second draw PPP loan is your PPP First Draw SBA Loan Number. This is a unique 10 digit loan number assigned to your First Draw PPP loan by the lender who facilitated your First Draw loan.
Let’s go over some FAQs about the PPP First Draw SBA Loan Number.
How do I find my PPP First Draw SBA Loan Number?
The PPP First Draw SBA Loan Number is the number assigned to your approved PPP loan from 2020. Depending on your lender, it may be printed in the signed/approved loan documents you received when you got approval for your PPP loan.
If you don’t have access to these documents or your lender didn’t include your PPP number on your documents, you will need to contact your original PPP lender and ask them to provide that number for you.
How long is my PPP First Draw SBA Loan Number? / what does my PPP First Draw SBA Loan Number look like?
As part of the Second Draw Borrower application, Applicants must enter the SBA loan number of the First Draw PPP loan (i.e. the loan that was originated in 2020).
According to the SBA, PPP First Draw Loan Numbers have the following format to help borrowers identify the SBA loan number of their first PPP loan: XXXXXXXX-XX (i.e. eight numbers followed by a dash and then two more numbers). Womply has also seen lenders providing the PPP First Draw Loan Number as 10-digits (without a dash).
Either way, your PPP First Draw SBA Loan Number is a ten digit number with no letters. The SBA has asked all PPP lenders to make SBA loan numbers easily accessible to their borrowers, so be sure to work with your lender to obtain your ten digit PPP First Draw Loan Number.
Is there an SBA resource where I can look up my PPP First Draw SBA Loan Number?
There is no central database to lookup your PPP First Draw SBA Loan Number (eg from the SBA). For now, you will need to contact the lender who issued your First Draw PPP loan and ask them for your PPP First Draw SBA Loan Number.
Is the PPP First Draw SBA Loan Number the same thing as your SBA customer ID number?
Your SBA Customer Number is not the same thing as your PPP First Draw SBA Loan Number (so don’t use that in place of the correct number on your application).
Womply can help you apply for your PPP loan or second draw loan
Womply can help you apply for your PPP loan and connect you with an eligible SBA 7(a) lender. We’ve helped over 200,000 businesses, contractors, sole proprietors, and self-employed individuals get approved. It’s free to apply!
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