New PPP Loan Forgiveness Applications & Instructions Posted 6/16/2020

Posted on June 17, 2020

The U.S. Treasury and SBA published new, updated PPP loan forgiveness applications and instructions on June 16, 2020.

In addition to a “customary” forgiveness form and instructions, they also provided a Form EZ (SBA Form 3508EZ) for borrowers that are self-employed or sole proprietors or if the borrower has not had reductions in wages and reductions in employees based on the PPP loan program requirements.

The forms and instructions can be found on the U.S. Treasury website.

For more information, please contact Sarah Holland.