SBA 7(a) loans up to $250,000 and ERC up to $26,000 per employee available in the Portal — Log In or Sign Up.
Launch the portal.newitymarket.com
Type in your email and password that you used to create your account.
This is the main dashboard. Select the business for the loan that needs to be resubmitted in the top right.
Then select Go to Forgiveness Portal button next to the PPP loan that requires action.
Once you launch the portal, you will see another dashboard with your APP ID, Business name, and Status. Here, you can do two things: Complete Borrower Action or respond directly to the verifier assigned to your application.
The Blue Reply button is strictly for communication back and forth. If you respond there, the application will stay in Borrower Action Required and the verifier will not be able to complete the review.
To resubmit your application, please click the blue Complete Borrower Action button.
Ensure all loan details are complete and correct.
Complete the form by entering the information for your business.
If you received an Economic Injury Disaster Loan, add the grant amount and the account number. Fill in the forgiveness amount, then click the next arrow.
Final section of the application is the upload documents tab.
You will see a message asking you to confirm your submission. If you are ready to submit, click ok. While you will be unable to edit your application currently, you may make edits as needed during the review process and will review your final application before completing the e-sign and submitting to the SBA.
Finally, you will see a thank you page, confirming that your submission has been successful. You have the option of downloading your generated form to keep for your records.
Your PPP Forgiveness Loan status will change to “Submitted to Verifier”.