New to Colson SSO?  Sign Up
ID  
Password
 
Forgot Password
By logging in to the 1502 Dashboard, Lender is agreeing that for each SBA Form 1502 report submitted by Lender to request payment of First Draw Loan or Second Draw Loan Paycheck Protection Program (PPP) processing fees, Lender confirms that: (1) except for any First Draw Loan included in the report that has been or may be increased, (a) all First Draw Loans and Second Draw Loans included in the report were fully disbursed to the borrowers on the disbursement dates entered and in the loan amounts entered in the report, and (b) Lender will make no further disbursements on the First Draw Loans and Second Draw Loans included in the report; (2) for any First Draw Loan included in the report that has been increased, (a) Lender approved the increase in accordance with PPP requirements, (b) Lender has fully disbursed the increased amount to the borrower on the disbursement date entered and in the amount entered in the report, and (c) Lender will make no further disbursements on the First Draw Loan; (3) all information in the report is true and correct; and (4) the report has been submitted by an authorized employee or agent of Lender acting within the scope of Lender’s authority and Lender acknowledges responsibility for all entries and certifications made on its behalf. [REVISED JANUARY 13, 2021]

If the Lender authorizes an Agent or Lender Service Provider (as those terms are defined in 13 CFR 103.1) to submit any information or make any entries or certifications on the Lender’s behalf for any purpose through the 1502 Dashboard or through any other method of 1502 reporting, the Lender acknowledges that the Agent or LSP is acting within the scope of Lender’s authority and Lender acknowledges responsibility for all information submitted and entries and certifications made on its behalf.
Colson's security statement
© Colson Services Corp. 2021. All Rights Reserved.