Yahoo Web Search

Search results

  1. People also ask

  2. Mar 13, 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. For loans of $150,000 and below: SBA form 3508S PPP Loan Forgiveness Application + Instructions.

  3. See subsection B.16 of SBAs interim final rule posted on January 6, 2021 (86 FR 3692). This application has the following components: (1) the PPP Loan Forgiveness Calculation Form; (2) PPP Schedule A; (3) the PPP Schedule A Worksheet; and (4) the (optional) PPP Borrower Demographic Information Form.

  4. Paycheck Protection Program: PPP Loan Forgiveness Application Form 3508EZ Revised January 19, 2021. OMB Control No.: 3245-0407 Expiration Date: 9/30/2021.

  5. AN APPLICANT MAY USE THIS FORM ONLY IF THE APPLICANT FILES AN IRS FORM 1040, SCHEDULE C, AND USES GROSS INCOME TO CALCULATE PPP LOAN AMOUNT. A. Your gross income amount from 2019 or 2020 IRS Form 1040, Schedule C, line 7:

    • 470KB
    • 6
  6. PPP – Loan Forgiveness Application and Instructions for Borrowers who Received a PPP Loan of $150,000 or Less – Form 3508S (5/24/2021) PPP – Loan Forgiveness Application and Instructions – Form 3508EZ (5/24/2021)

  7. Final Rule on Affiliation. A borrower must certify on the Borrower Application Form that the borrower is eligible to receive a PPP loan, and that certification means that the borrower is a small business concern as defined in section 3 of the Small Business Act (15 U.S.C. 632), meets the applicable SBA employee-based or revenue-based size

  8. Borrower Application Form (SBA Form 2483 or SBA Form 2483-C for First Draw PPP Loans and SBA Form 2483-SD or SBA Form 2483-SD-C for Second Draw PPP Loans). Lenders are expected to perform a good faith review, in a reasonable time, of the borrower’s calculations and supporting documents concerning average monthly payroll cost.

  1. People also search for