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ADMINISTRATIVE FORM 3508 STUDENT ACTIVITY FUNDS BANK DEPOSIT SUMMARY — ELEM SCHOOL Currency Extended amount Coin # of Items Extended amount $100 × 1.00
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Administrative form 3508 is a form used by businesses to apply for loan forgiveness under the Paycheck Protection Program (PPP) administered by the Small Business Administration (SBA).
Businesses that have received a PPP loan and want to apply for loan forgiveness are required to file administrative form 3508.
Administrative form 3508 should be completed by providing information about the PPP loan amount, eligible expenses, employee headcount, and other required documentation.
The purpose of administrative form 3508 is to allow businesses to apply for loan forgiveness under the PPP by demonstrating how they have used the funds in accordance with program guidelines.
Information such as PPP loan amount, eligible expenses used, employee headcount, and documentation to support the proper use of funds must be reported on administrative form 3508.
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