Online Job Using Phone Ppp Forgiveness Application Youtube

Did your business receive the ppp paycheck protection program loan.

Job opportunities gauteng fafsa application selected verification. The webinar that was presented on wednesday april 22nd sba paycheck protection loan program ppp forgiveness was more than what i was expecting. Applications for the ez application are here and instructions are here. Extension of the forgiveness period.

Borrowers that received loans before june 5 can choose between using the original eight week covered period or the new 24 week covered period. These new forms incorporate changes made by the ppp flexibility act of 2020 and. Paycheck protection program loan forgiveness application revised june 16 2020 omb control number 3245 0407 expiration date.

With the release of the new ppp loan forgiveness applications and the passage of the ppp flexibility act the sba continues to include new guidance on how loan forgiveness works and on ppp loans in generalheres whats new. You must request forgiveness of your loan using one of two forgiveness application forms approved by the sba. The ez ppp loan forgiveness application requires fewer calculations and less documentation than the full application.

Today we will teach you how to record and track your ppp paycheck protection program. Originally the forgiveness window was eight weeks but under the ppp flexibility act the forgiveness window is. The sba opened its forgiveness portal to receive applications from lenders but tax professionals advise clients to wait as further guidance is released.