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The U.S. Small Business Administration released a one-page form aimed at simplifying the process of applying for forgiveness of Paycheck Protection Program loans, along with newly revised and updated ...
The new forms are Form 2483 for first-draw PPP loans and Form 2483-SD for second-draw PPP loans, which are available for previous PPP borrowers that need further assistance and meet eligibility ...
Those are the 3508 applications and the new 3508EZ form. If you meet at least one of the three requirements below, you may be able to complete and submit the EZ PPP loan forgiveness application.
Businesses and not-for-profits that received $2 million or more in PPP loans must complete one of two new loan necessity questionnaires the SBA is sending to lenders for distribution to borrowers.
The Small Business Administration (“SBA”) is requiring borrowers to complete Form 3509 if the borrower received Paycheck Protection Program (“PPP”) loans totaling $2 million or greater ...
If you’re a small business owner flummoxed by the 11-page PPP loan forgiveness application the SBA released in late May, take a deep breath. It's about to get easier.
If you’re a small business owner flummoxed by the 11-page PPP loan forgiveness application the SBA released in late May, take a deep breath. It's about to get easier.
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