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9 Φεβ 2022 · About this document and download. Notice: The Paycheck Protection Program (PPP) ended on May 31, 2021. Existing borrowers may be eligible for PPP loan forgiveness. A borrower may use this form only if the borrower received a PPP loan of $150,000 or less. Download .pdf.
- PPP Loan Forgiveness
How to apply for forgiveness. Each forgiveness form has...
- PPP Loan Forgiveness
13 Μαρ 2024 · How to apply for forgiveness. Each forgiveness form has unique instructions for documentation that must be submitted with your loan forgiveness application. For detailed instructions, refer to your chosen forgiveness form for clear guidance.
30 Ιουλ 2021 · You can apply for forgiveness of your First or Second Draw Paycheck Protection Program (PPP) Loan using this SBA Form 3508S only if the loan amount you received from your Lender was $150,000 or less for an individual First or Second Draw PPP Loan.
You (the Borrower) can apply for forgiveness of your First or Second Draw Paycheck Protection Program (PPP) Loan using this SBA Form 3508S only if the loan amount you received from your Lender was $150,000 or less for an individual First or Second Draw PPP Loan.
The Borrower’s eligibility for loan forgiveness will be evaluated in accordance with the PPP regulations and guidance issued by SBA through the date of this application. SBA may direct a lender to disapprove the Borrower’s loan forgiveness application if SBA determines that the Borrower was ineligible for the PPP loan.
On October 8, SBA released a simplified forgiveness application and instructions for borrowers with a PPP loan of $50,000 or less (other than borrowers that together with affiliates received loans totaling $2 million or more), as well as an interim final rule governing use of the new form.
13 Μαρ 2024 · The Direct Forgiveness Portal allows PPP borrowers to apply for forgiveness directly to the SBA using forms 3508, 3508EZ, or 3508S. Using MS Edge or Google Chrome browsers is recommended for an optimal experience. New Registration will be required to utilize this portal.