JD Supra

PPP Loan Forgiveness Application, After the Payroll Protection Program Flexibility Act of 2020

In mid-May the SBA published the PPP Loan Forgiveness Application (SBA Form 3508). Following the Paycheck Protection Program Flexibility Act of 2020 becoming law, the SBA published two new PPP Loan ...
JD Supra

PPP Loan Forgiveness Application: A Discussion of Recent Developments and Implications for Lenders

Due to economic uncertainty caused by COVID-19, Congress created the Paycheck Protection Program (the “PPP”) under sections 1102 and 1106 of the Coronavirus Aid, Relief, and Economic Security Act (the ...
SFGate

SBA Releases PPP Forgiveness Application and Makes Critical Clarifications and Documentation Requirements

The SBA released its Paycheck Protection Program (PPP) Loan Forgiveness Application and clarified a few critical definitions and documentation requirements in their instructions. The forgiveness ...