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Paycheck Protection Program Loan Forgiveness Application Form ... 2025

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The document is the Paycheck Protection Program (PPP) Loan Forgiveness Application Form 3508EZ, which outlines the necessary information and certifications required for borrowers to apply for loan forgiveness. It includes sections for borrower details, loan amounts, employee counts, payroll schedules, and calculations for eligible costs. The form also requires certifications regarding the use of funds, maintenance of employee salaries and hours, and compliance with PPP regulations. Additionally, it collects optional demographic information about the borrower's principals.

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Versions	Form popularity	Fillable & printable
2021	4.8 Satisfied (74 Votes)
2021	4.4 Satisfied (195 Votes)
2020	4.2 Satisfied (52 Votes)

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

When did the Paycheck Protection Program end?

The last PPP draw was in May 2021, and all funds of the PPP program have been depleted. Existing borrowers may be eligible for full loan forgiveness through a loan forgiveness application, including both principal and interest payments. Improperly forgiven paycheck protection loans are considered taxable income.

How to apply for PPP forgiveness?

Contact your PPP Lender and complete the correct form. Your Lender can provide you with either the SBA Form 3508, SBA Form 3508EZ, SBA Form 3508S, or a Lender equivalent. Compile your documentation. Submit the forgiveness form and documentation to your. Continue to communicate with your Lender throughout the.

What is paycheck protection program loan forgiveness?

PPP Simple Forgiveness Journey using Form 3508S. If your PPP loan amount is $150,000 or less, you qualify to file for forgiveness using Form 3508S which is a one-page simplified version of Form 3508.

Can I still apply for paycheck protection program?

The Small Business Administration (SBA) is no longer accepting Paycheck Protection Program (PPP) loan applications.

Are they still accepting PPP applications?

Unfortunately no. Because eligibility for the program ended in May of 2021, no new applications can be submitted for a PPP loan in 2023.

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Can you still take out a PPP loan?

In 2022, the U.S. Small Business Administration (SBA) made it clear that new applications for the Paycheck Protection Program (PPP) were no longer being accepted. However, businesses that had received PPP loans in 2020 and 2021 were still eligible for loan forgiveness.

Is it too late to apply for PPP money?

The PPP ended on May 31, 2021. Existing borrowers may be eligible for PPP loan forgiveness.