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PPP Loan Forgiveness

Loan Forgiveness Applications

PLEASE NOTE: There are two versions of the forgiveness application. A new “EZ” version and then a revised version of the previous application. Borrowers that meet ONE of the following criteria should use the EZ Application:
  • Are self-employed and have no employees; OR
  • Did not reduce the salaries or wages of their employees by more than 25%, and did not reduce the number or hours of their employees; OR
  • Experienced reductions in business activity as a result of health directives related to COVID-19, and did not reduce the salaries or wages of their employees by more than 25%.

All other borrowers should use the revised application.

Applications and instructions for completing them can be found here at https://home.treasury.gov/policy-issues/cares/assistance-for-small-businesses

 
Click here for FAQs on PPP Loan Forgiveness from the SBA and Treasury