Once the lender submits your information to the SBA, a decision from SBA will typically take 2-3 business days. If SBA approves your application then your lender will take 2-3 business days to send your Promissory Note via another DocuSign email.
Once you’ve signed that funding (and assuming no issues with your bank information) you should receive funding within a week. After you receive your funding, we will automatically send you a Second Draw PPP application via DocuSign (if you requested two back-to-back loans). We will provide more details on this process after the SBA approves your First Draw loan.