SBA Releases PPP Loan Forgiveness Application and Instructions
The SBA released an Application for a Borrower to receive
forgiveness under the Paycheck Protection Program (PPP) (SBA Form 3508).
The Borrower must complete this application as directed in the
instructions, and submit it to the Lender (or the Lender that is servicing your
loan). Borrowers may also complete this application electronically through
their Lender.
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.
All Borrowers must submit (1) and (2) to their Lender.
For a copy of the Application and instructions, please click on
the link below: