Simpler PPP Forgiveness for Loans of $50,000 or Less
The U.S. Small Business Administration, in consultation with the Treasury Department, has released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less. This action streamlines the PPP forgiveness process to provide financial and administrative relief to America’s smallest businesses while also ensuring sound stewardship of taxpayer dollars. Join representatives from the U.S. Small Business Administration (SBA) and the Washington Small Business Development Center (SBDC) as they review the latest updates to the forgiveness process and what they may mean for you and your business.