On June 16, the Small Business Administration released an updated PPP Loan Forgiveness Application (SBA Form 3508) and a simplified version for certain eligible borrowers (SBA Form 3508EZ), both ...

The SBA Makes It Easier to Apply for PPP Loan Forgiveness A first look at the new forgiveness application now available to businesses with the smallest Paycheck Protection Program loans.

To apply for forgiveness, businesses should contact their lender and complete either the SBA Form 3508, SBA Form 3508EZ or SBA Form 3508S.

Your lender should be able to provide guidance on filling out either the SBA Form 3508, SBA Form 3508EZ, SBA Form 3508S, or a lender equivalent. What do you think so far? Be the first to post a ...

Otherwise, you will need to follow your lender’s instructions for completing and submitting SBA Form 3508, SBA Form 3508EZ, SBA Form 3508S or the lender’s equivalent.

The SBA Forgiveness platform is designed to support a simplified process — allowing lenders to submit their forgiveness decisions (3508 EZ or 3508S) and full form (3508),” the SBA said on the ...

Reductions in employee salary or wages. The new application form, SBA Form 3508S, can be used by PPP borrowers applying for forgiveness on PPP loans with a total loan amount of $50,000 or less, unless ...