WebThere are 2 applications for PPP Loans over $150,000, the EZ Application and the Full Forgiveness Application. To qualify for the EZ Application, you must be able to certify to one of the following: You are a non-employer (self-employed) business, independent contractor or sole proprietorship WebNov 18, 2024 · If you don’t meet one of the “EZ” application criteria, you can apply for forgiveness using the standard application. Additionally, the SBA has recently released Loan Forgiveness Application Form 3508S for those loans of $50,000 or less. The 3508S has some very simple documentation requirements, which makes it much easier to complete …

PPP Loan Forgiveness Application + Instructions

WebPaycheck Protection Program Loan Forgiveness Application Revised June 16, 2024 OMB Control Number 3245-0407 Expiration Date: 10/31/2024 . PPP Loan Forgiveness … WebJan 24, 2024 · The SBA has rolled out updated PPP loan forgiveness applications and guidance to incorporate changes from the Economic Aid Act. The updated 3508S form covers loans of $150,000 or less, but borrowers still have to comply with all terms of the Paycheck Protection Program, including limiting reductions in employee headcounts and … rocky mountain glaciers

PPP EZ Loan Forgiveness Application + Instructions

WebThe U.S. Small Business Administration (“SBA”) and Department of the Treasury have released a Standard Forgiveness Application, an EZ Forgiveness Application, and a Simplified Forgiveness Application. Umpqua borrowers can choose from each of these form options in the PPP Loan portal and do not need to download a PDF or print a paper ... WebMay 31, 2024 · To avoid having to make a payment on your PPP loan, we recommend you apply for forgiveness as soon as possible. Apply now by logging into our customer portal. To start a new loan forgiveness application, select Apply Now in the top left corner and then select Apply for PPP Loan Forgiveness. WebFeb 18, 2024 · Note: If you’re self-employed, you can save time applying for PPP forgiveness with the new EZ Form. Here’s how to fill out the simplified SBA Form 3508EZ.For loan amounts less than $150,000, you can use the new Form 3508S.. In this guide, we explain each section and walk you through exactly how to fill out this form to get your loan forgiven. rocky mountain german shepherds