How To Apply For Ppp Loan Forgiveness

You cannot use one form to apply for forgiveness of both a First and Second Draw PPP loan. The PPP rules provide safe harbors that exempt certain borrowers who reduced headcount or salaries from reductions in loan forgiveness that might otherwise apply.

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If you are not eligible to use this form you must apply for forgiveness of your PPP loan using SBA Form 3508 or 3508EZ or lenders equivalent form.

How to apply for ppp loan forgiveness. Please review the instructions to the loan forgiveness applications available on the SBA Website for more information about the safe harbors. Each PPP loan must use a separate loan forgiveness application form.

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