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Job fair udinus pua application unemployment michigan. Loan forgiveness application revised june 16 2020 expiration date. Borrowers will receive an email with login instructions in waves. The national federation of independent business nfib hosted a webinar july 22 focused on how to fill out ppp loan forgiveness application form 3508ez.
Ppp loan forgiveness calculation form 6 16 2020. For a full list of required information and documentation see the ppp loan forgiveness application. If you run payroll manually you might create a payroll report in excel.
There are two forms of application the 3508 and the 3508ez. Sole proprietors independent contractors and self employed individuals who had no employees at the time of the ppp loan application and did not include any employee salaries in the computation of average monthly payroll in the borrower application form automatically qualify to use the loan forgiveness application form 3508ez. It may be easiest to begin by looking for a payroll report template online or within excel.
We share tips to get use the ez ppp loan forgiveness application. During my decade at citi i have had the opportunity to oversee a number of large scale projects ranging from the transformation of our mortgage business to streamlining our branch footprint. Enter the number of actual employees not full time equivalents fte.
If your funds were sent in stages enter the first date. Creating a ppp payroll report in excel. Washington recipients of a paycheck protection program ppp loan can save time by utilizing a simplified ppp forgiveness application if the recipient falls into one of three categories.
Employees at time of loan applicationemployees at time of forgiveness application. The day the funds arrived in your bank account. 10312020 ppp schedule a ppp schedule a worksheet table 1 totals.
Below is the information that will be required to be submitted with the forgiveness application. You should be able to see this in your bank records or in your online banking portal. Fifth third is accepting ppp forgiveness applications via its online self service application portal according to its website.
The paycheck protection program ppp loan forgiveness applications must be completed online by the authorized signor on the original ppp loan application. Without a doubt however overseeing citis planning and preparation to help our customers navigate the small business administrations paycheck protection program ppp loan forgiveness process has been. Remember accuracy is pivotal when it.