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*Also read our most recent update: SBA Releases Guidance Regarding SBA Loan Review Procedures and Responsibilities of Borrowers and Lenders
The application and detailed instructions and worksheet detail how borrower and lenders will document forgiveness of a PPP loan. The SBA will issue additional regulations and guidance to assist borrowers in completing the application and to provide lenders with guidance on their responsibilities.
Key highlights include:
Please reach out to us for the latest guidance, and see the PPP Loan Forgiveness Application and Instructions.
A printable version of this information can be found by clicking HERE.
This article has been prepared for general information purposes and (1) does not create or constitute an attorney-client relationship, (2) is not intended as a solicitation, (3) is not intended to convey or constitute legal advice, and (4) is not a substitute for obtaining legal advice from a qualified attorney. Always seek professional counsel prior to taking action.
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