The PPP Loan Forgiveness Application is Available Now
If you received a PPP (Paycheck Protection Plan) loan recently from the SBA, congratulations! Hopefully these funds are providing valuable help to you during this time. Now it's time to think ahead toward loan forgiveness as the end of the 56 day loan period will be here in a few short weeks.
On Friday, May 15th, the PPP loan forgiveness application was released. Now is a great time to look over the instructions and make sure that your spending is in line. You will want to prepare and have the necessary documentation at hand so the entire loan amount is forgiven and the process goes smoothly.
We found a Forbes article that outlines loan forgiveness details and provides a walk through of the application. Please click here to read the full article. For the official PPP Loan Forgiveness application and instructions, please click here .
If you have any questions, please let us know. As always, we are here to help.
Thank you,
The Business by the Book Team