U.S. Small Business Administration Issues More User-Friendly PPP Loan Full Forgiveness Application
June 22, 2020
The U.S. Small Business Administration (SBA) has issued a revised, borrower-friendly Paycheck Protection Program (PPP) loan forgiveness application.
The new forgiveness form was part of the PPP Flexibility Act of 2020, signed into law June 5, 2020 and is designed to increase processing efficiency to make it easier for businesses to realize full forgiveness of their PPP loan.