Proposition 12
Tag 044K, permanent. Cite it as [Bourbaki, Tag 044K].
Commutative Algebra, chapter I, § 3. Faithfully flat modules
Let B be a ring and A a commutative subring of the centre of B such that B is a faithfully flat A-module. For an A-module F to be projective and finitely generated, it is necessary and sufficient that be a finitely generated projective left B-module.
The condition is obviously necessary without any hypothesis on A or B (Algebra, Chapter II, § 5, no. 1, Corollary to Proposition 4); we prove that it is sufficient. If a finitely generated projective module admits a finite presentation (§ 2, no. 8, Lemma 8), the hypothesis implies that F admits a finite presentation by virtue of Proposition 11, hence, for every A-module M, there is a canonical isomorphism
(§ 2, no. 10, Proposition 11). Then let be a surjective A-module homomorphism and consider the commutative diagram
As is surjective and is assumed projective, is surjective (Algebra, Chapter II, § 2, no. 2, Proposition 4) and so then is . But as B is a faithfully flat A-module, is itself surjective (no. 1, Proposition 2), hence F is a projective A-module (Algebra, Chapter II, § 2, no. 2, Proposition 4).
Bourbaki puts the proof directly after the statement, so what is above is the statement and its proof together.