The SBA has created three different applications - the Loan Forgiveness Application (SBA Form 3508), a simplified Loan Forgiveness Application Form 3508EZ, and most recently Loan Forgiveness Application Form 3508S. Borrowers may use the 3508S form only if the total PPP loan amount received was $...
January 2021 The SBA released a slew of PPP guidance and updates this week, including the new simplified, one-page forgiveness application for borrowers of loans for $150,000 or less - Form 3508S. Also, as of this week, the PPP is open to all lenders. Here's an in-depth look at ...