Easier PPP Forgiveness

The Small Business Administration and the Treasury have made adjustments to make it easier to apply for PPP forgiveness if your loan was for less than $50,000. Not only is the process now more simple for borrowers, but also for lenders. The new approach lifts burdens from lenders. Therefore, the process should be more streamlined and allow lenders to process forgiveness requests more quickly.

View the easier forgiveness application.

Click here to view the instructions for completing the simpler loan forgiveness application.

Click here to seethe Interim Final Rule on the simpler forgiveness process for loans of $50,000 or less.

Check out 6 more things you should know about the PPP.