SBA Issues New PPP Forgiveness Application for Loans Under $50,000
The Small Business Administration announced a simplified Payroll Protection Program (PPP) forgiveness application this week 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 here to view the simpler loan forgiveness application.
Click here to view the instructions for completing the simpler loan forgiveness application.
Click here to view the Interim Final Rule on the simpler forgiveness process for loans of $50,000 or less.