The New PPP Loan Forgiveness Application & Early Submission

The month of June super charged the PPP Loan Program. The Covered Period was extended to 24 weeks, the compensation cap was increased for owners and employees, the SBA release a new, shorter, PPP Forgiveness application, and it was announced on June 22nd that companies would be allowed to apply for forgiveness early. In this video we will walk you through how to complete the new PPP loan forgiveness application, the PPP EZ forgiveness application, and all of the new guidance that was just released by the SBA.

Link to 5308EZ Application: https://www.sba.gov/sites/default/files/2020-06/PPP%20Forgiveness%20Application%203508EZ%20%28%20Revised%2006.16.2020%29.pdf

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