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Apr 26, 2024 · GO DIRECLTY TO THE PPP DIRECT FORGIVENESS PORTAL: Click on the link below to create an account in the PPP Direct Forgiveness Portal: SBA PPP Forgiveness:: You will need the following information: Tax ID # PPP Loan Amount Covered Period – 8 weeks, 24 weeks or between 8 and 24 weeks Employees at the time of Application Employees at the time of ...
May 3, 2024 · By America's Credit Unions / March 14, 2024. The Small Business Administration (SBA) Wednesday announced it was making changes to its Paycheck Protection Program (PPP) loan forgiveness application process. The changes “allow all PPP borrowers to apply for loan forgiveness through the SBA PPP Direct Forgiveness Portal, regardless of their loan ...
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21 hours ago · For loans over $200,000, borrowers should contact the COVID EIDL Servicing Center directly at covideidlservicing@sba.gov to discuss hardship assistance. SBA is here to help. PPP: If borrowers need additional assistance with their PPP direct forgiveness application, they can contact SBA at 877-552-2692 (Monday-Friday, 8 a.m.-8 p.m. EDT).
May 7, 2024 · When a PPP lender opted-in to the direct borrower forgiveness process, the DBF Platform provided a single secure location for (1) its borrowers with PPP loans of $150,000 or less using the electronic equivalent of SBA Form 3508S to apply for loan forgiveness, and (2) borrowers with PPP lenders that affirmatively opted-in to the use of the DBF ...
- Patricia O'connell
May 8, 2024 · On June 16, the Small Business Administration released an updated PPP Loan Forgiveness Application (SBA Form 3508) and a simplified version for certain eligible borrowers (SBA Form 3508EZ), both reflecting program changes implemented by the recently-enacted Paycheck Protection Program Flexibility Act. Additionally, the SBA and Treasury
Apr 26, 2024 · Planning ahead so you have everything you need for each of the five steps to apply can make the process simpler. 1. Find a lender. Only lenders who partner with the SBA can offer SBA loans. To find a lender: If your business already has a trusted bank or credit union, check to see if they offer SBA loans.
May 13, 2024 · Business owners seeking support for EIDL can contact the SBA by calling the COVID-19 EIDL Customer Service at 833-853-5638 or by emailing COVIDEIDLServicing@sba.gov. For non-COVID EIDL and physical loss loans, assistance is provided by emailing disastercustomerservice@sba.gov or by calling 800-659-2955.
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Business loans and credit cards, equipment leases, commercial mortgages and much more. Need an SBA 7a or 504 loan? Telhio has the answer!
