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OMB Control No.: 32450407 Expiration Date: 01/31/2022Paycheck Protection Program PPP Loan Forgiveness Application Form 3508EZ Revised July 30, 2021, Business Legal Name (Borrower) Business Address

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What is ppp loan forgiveness application?

The PPP loan forgiveness application is a form that borrowers must complete in order to request that their Paycheck Protection Program (PPP) loan be forgiven.

Who is required to file ppp loan forgiveness application?

All borrowers who received a PPP loan are required to file a loan forgiveness application.

How to fill out ppp loan forgiveness application?

Borrowers must complete the application form provided by their lender and submit all required documentation to support their request for loan forgiveness.

What is the purpose of ppp loan forgiveness application?

The purpose of the PPP loan forgiveness application is to allow borrowers to have their PPP loan forgiven if they used the funds for eligible expenses and met all program requirements.

What information must be reported on ppp loan forgiveness application?

Borrowers must report details of how they used the PPP funds, their payroll costs, and any other eligible expenses they incurred during the covered period.

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