News & Resources

SBA releases revised/new PPP loan forgiveness applications

On June 17, 2020, the SBA released a revised PPP loan forgiveness application and a new EZ loan forgiveness application. These releases come on the heels of the recently passed Paycheck Protection Program Flexibility Act attempting to simplify the loan forgiveness application process. The EZ version is generally available to individual borrowers who are self employed with no employees or to employers who didn’t reduce salaries or hourly wages by greater than 25% for any employee and did not reduce their employee hours or headcount. We highlighted those requirements in yellow on the form accessible here.  

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