PPP Forgiveness Application, Guidance and EZ Form Issued

The U.S. Small Business Administration (SBA) released a revised Paycheck Protection Program (PPP) loan forgiveness application (Form 3508) to address changes recently made by the PPP Flexibility Act of 2020 (PPPFA). The SBA also issued an “EZ” version of the PPP loan forgiveness application (Form 3508EZ) to simplify the process for select borrowers. The new forms were accompanied by the SBA’s nineteenth interim final rule (IFR), making changes to prior IFRs to reflect the recent PPPFA forgiveness changes.

ABOUT THE AUTHORS

Denny Ard
Managing Partner, DHG Solutions Lab
Denny.Ard@dhg.com

Curt Griffin
Senior Manager, Assurance

Payal Shah
Manager, Assurance

CARESActQuestions@dhg.com

RELATED KNOWLEDGE SHARE

GET IN
TOUCH
© Dixon Hughes Goodman LLP. All rights reserved.
DHG is registered in the U.S. Patent and Trademark Office to Dixon Hughes Goodman LLP.
praxity