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PPP EZ Application for Maximizing PPP Loan Forgiveness
 
06/22/2020 09:44 AM

The SBA has released the new PPP Loan Forgiveness Application Form 3508EZ, which is designed to streamline PPP forgiveness for certain businesses. While applying for forgiveness may still seem overwhelming - even with this simper form - the EZ form requires fewer calculations and less documentation.

The new PPP loan forgiveness applications reflect changes to the PPP made by the Paycheck Protection Flexibility Act of 2020, P.L. 116-142, which became law June 5. The applications and instructions are available in the links below:

• Revised PPP Loan Forgiveness Application
• EZ PPP Loan Forgiveness Application

Reference
 
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