Yahoo Web Search

Search results

1. People also ask

   How do I apply for a PPP loan forgiveness?

   • Each PPP loan must use a separate loan forgiveness application form. You cannot use one form to apply for forgiveness of both a First and Second Draw PPP loan. SBA Form 3508S requires fewer calculations and less documentation for eligible borrowers.

   PPP Loan Forgiveness Application Form 3508S Revised July 30, 2021

   www.sba.gov/sites/default/files/2021-07/PPP -- Forgiveness Application and Instructions -- 3508S (7.30.2021)-508.pdf

   See all results for this question

   Can I apply for a first and second draw PPP loan forgiveness?

   • You cannot use one form to apply for forgiveness of both a First and Second Draw PPP loan. SBA Form 3508S requires fewer calculations and less documentation for eligible borrowers. SBA Form 3508S does not require borrowers to show the calculations used to determine their loan forgiveness amount.

   PPP Loan Forgiveness Application Form 3508S Revised July 30, 2021

   www.sba.gov/sites/default/files/2021-07/PPP -- Forgiveness Application and Instructions -- 3508S (7.30.2021)-508.pdf

   See all results for this question

   Who is eligible for PPP loan forgiveness?

   • 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. Disclaimer: Translations are for informational purposes only. Applications must be submitted in English. Notice: The Paycheck Protection Program (PPP) ended on May 31, 2021.

   PPP 3508S Loan Forgiveness Application + Instructions

   www.sba.gov/document/sba-form-3508s-ppp-3508s-loan-forgiveness-application-instructions

   See all results for this question

   Can a PPP lender accept a scanned copy of a loan forgiveness application?

   • Answer: Yes. All PPP lenders may accept scanned copies of signed loan forgiveness applications and documents containing the information and certifications required by SBA Form 3508, 3508EZ, or lender equivalent.

   Frequently Asked Questions (FAQs) on PPP Loan Forgiveness

   www.sba.gov/sites/default/files/2020-08/PPP Loan Forgiveness FAQs 8-4-20-508.pdf

   See all results for this question

2. www.sba.gov › ppp-loan-forgivenessPPP loan forgiveness | U.S. Small Business Administration

   www.sba.gov › ppp-loan-forgiveness

   • Cached

   Mar 13, 2024 · Where to apply for loan forgiveness. Effective March 13, 2024, all borrowers, regardless of loan size, can use SBA's direct forgiveness portal . Applying for forgiveness using the portal can take as little as 15 minutes.

   • SBA Direct Forgiveness Portal

     Register and Apply for PPP Forgiveness. This portal is made...

   • SBA Form 3508S

     SBA Form 3508S. Notice: The Paycheck Protection Program...

   • Second Draw PPP Loan

     All Second Draw PPP Loans will have the same terms...

   • Sign In

     Sign in. Username Password. Remember Me

   • PPP Data

     SBA is working to ensure fair and equitable access to its...

   • First Draw PPP Loan

     PPP is a loan designed to provide a direct incentive for...

   • Get Help With Your PPP Loan

     SBA has 68 District Offices around the country that provide...

   • PPP Lender Information

     On February 22, 2021, President Biden announced the...

   • PPP Lenders Participating in Direct Forgiveness

     SBA Mentor-Protégé program; Joint ventures; HUBZone program;...

3. www.sba.gov › sites › defaultPPP Loan Forgiveness Application Form 3508S Revised July 30, 2021

   www.sba.gov › sites › default

   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

   • File Size: 364KB

   • Page Count: 7

4. www.sba.gov › sites › defaultPPP Loan Forgiveness Application Form 3508EZ Revised July 30 ...

   www.sba.gov › sites › default

   You (the Borrower) can apply for forgiveness of your First or Second Draw Paycheck Protection Program (PPP) Loan using this SBA Form 3508EZ if your PPP loan amount is more than $150,000 and you can check at least one of the two boxes below.

   • File Size: 357KB

   • Page Count: 8

5. www.sba.gov › sites › defaultPPP Loan Forgiveness Application Form 3508 Revised July 30, 2021

   www.sba.gov › sites › default

   Loan Forgiveness Application Form 3508 Revised July 30, 2021 If this application is being submitted for a Second Draw PPP Loan, the Borrower used all First Draw PPP Loan amounts on eligible expenses prior to disbursement of the Second Draw PPP Loan.

6. www.sba.gov › sites › defaultPAYCHECK PROTECTION PROGRAM - Small Business Administration

   www.sba.gov › sites › default

   All PPP lenders may accept scanned copies of signed loan forgiveness applications and documents containing the information and certifications required by SBA Form 3508, 3508EZ, or lender equivalent.