SBA Provides Applications for PPP Loan Forgiveness
May 19, 2020
The Small Business Administration notes that Paycheck Protection Program borrowers must complete the application and submit it to their lenders.
May 19, 2020—The loan forgiveness application for the federal government’s Paycheck Protection Program has been posted to the Small Business Administration website, reported Fast Company.
Borrowers must complete the application and submit it to their lenders; some lenders may have online versions of the application. The application asks recipients of loans of more than $2 million to identify themselves, indicating that audits might be in the future for those borrowers.
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