Are you an entrepreneur who received a PPP loan of $50,000 or less? Great news! The SBA has a form 3508S which is a more simplified version of the forgiveness application that you can submit. It’s easier because you no longer have to certify that you didn’t reduce the full time equivalent or that wages were not reduced greater than 25%. Again, you still have to apply for forgiveness through your bank with a lender that you submitted your application through and receive the funds from, but it will be a simpler version. If you need any help filing this forgiveness application, feel free to reach out to us at (310) 534-5577 or email Contact@abandp.com. That’s contact@abandnp.com. We’re here to help you.

Pin It on Pinterest

Share This