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PPP Loan Forgiveness forms

The most recent (June 16, 2020) PPP loan forgiveness applications are located here. There are now two forms of loan forgiveness applications--Form 3508 and Form 3508EZ. Form 3508EZ is a short-form application that can be used by certain borrowers, namely:

(a) self-employed individuals with no employees,

(b) borrowers who did not reduce the salaries/wages of their employees by more than 25% or reduce employee headcount or hours, and

(c) borrowers who did not reduce the salaries/wages of their employees by more than 25% and experienced a reduction in their business activity due to COVID-19 related health directives.

Form 3508  (related instructions)

Form 3508EZ (related instructions)

Contact your lender for assistance or questions.

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