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PPP Forgiveness Instructions are Out

May 18, 2020 11:32:05 AM / by CSI Accounting Staff

On Friday, May 15th the Small Business Administration (SBA) released the PPP Loan Forgiveness application along with detailed instructions for the application. It's our goal to help simplify this process and get you the information you need. Below we've put together a list of the components necessary for the PPP Loan forgiveness application.

The Paycheck Protection Program (PPP) Loan forgiveness application has the following components: 

  • PPP Loan Forgiveness Calculation Form (1)
  • PPP Schedule A (2)
  • PPP Schedule A Worksheet (3)
  • PPP Borrower Demographic Information Form (Optional). (4)
All Borrowers must submit (1) and (2) to their Lender.

Instructions for the Paycheck Protection Program (PPP) Loan Forgiveness Application:
Click to View Instructions

Press Release Discussing the Release Loan Forgiveness Application Process:
Click to View Press Release
 
Questions about the Paycheck Protection Program Loan Forgiveness Application Process? 
Please do not hesitate to call our team for further information. We will be distributing application instructions as appropriate and when available.
 
To see more updates like this, especially those that impact small businesses, follow us and visit CSI’s COVID-19 (Coronavirus) Resource Center.
CSI Accounting Staff

Written by CSI Accounting Staff

Client Development Manager

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