The Small Business Administration (SBA) and Department of Treasury recently released a streamlined loan forgiveness application called the EZ Forgiveness Application. This newly released three-page EZ application is significantly shorter than the traditional loan...
On Wednesday, June 3, the U.S. Senate passed the Paycheck Protection Flexibility Act (PPFA), which makes changes to the forgiveness aspect of the Paycheck Protection Program (PPP). These PPP loan forgiveness changes include tripling the time that small businesses and...
On Friday, May 15, the Small Business Administration (SBA) released the Paycheck Protection Program (PPP) loan forgiveness application and instructions. The form and instructions inform borrowers how to apply for forgiveness for a PPP loan, consistent with the...