The Small Business Administration (SBA), in consultation with Treasury, released Wednesday, June 17, a revised loan forgiveness application for the Paycheck Protection Program (PPP). The SBA also unveiled a new EZ application for forgiveness of PPP loans.
The applications reflect changes to the PPP set by the Paycheck Protection Flexibility Act, which became law June 5. The act makes it easier for small businesses and other PPP borrowers to qualify for full loan forgiveness. Find the revised PPP Loan Forgiveness Form here.