Oct 9
SBA Issues New PPP Forgiveness Application
SBA Issues New PPP Forgiveness Application for Loans Under $50,000
Yesterday (October 8th), the Small Business Administration announced a simplified Payroll Protection Program (PPP) forgiveness application for all loans of $50,000 or less.
SBA also eased the burden on PPP lenders, allowing lenders to process forgiveness applications more swiftly.
Click hereto view the simpler loan forgiveness application.
Click hereto view the instructions for completing the simpler loan forgiveness application.
Click hereto view the Interim Final Rule on the simpler forgiveness process for loans of $50,000 or less.
Yesterday (October 8th), the Small Business Administration announced a simplified Payroll Protection Program (PPP) forgiveness application for all loans of $50,000 or less.
SBA also eased the burden on PPP lenders, allowing lenders to process forgiveness applications more swiftly.
Click hereto view the simpler loan forgiveness application.
Click hereto view the instructions for completing the simpler loan forgiveness application.
Click hereto view the Interim Final Rule on the simpler forgiveness process for loans of $50,000 or less.
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