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Simpler PPP Forgiveness for Loans of $50,000 or Less

November 20

Simpler PPP Forgiveness for Loans of $50,000 or LessSBA began approving PPP forgiveness applications and remitting forgiveness payments to PPP lenders for PPP borrowers on October 2, 2020.

SBA will continue to process all PPP forgiveness applications in an expeditious manner.

Click here to view the simpler loan forgiveness application.

Click here to view the instructions for completing the simpler loan forgiveness application.

Click here to view the Interim Final Rule on the simpler forgiveness process for loans of $50,000 or less.

 

Details

Date:
November 20