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SBA form 3508 EZ fillable PDFs form 3508ez.1 2 3 4 5 6 7 8 Prey 1 2 3 4 5 ... 8 Next PPP Forgiveness Application 3508EZ (Revised 06.16.2020) Fillable508 (U.S. Small Business Administration) Help,
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How to fill out sba form 3508 ez
How to fill out sba form 3508 ez
01
Gather all required documentation such as payroll records, mortgage interest payments, lease agreements, and utility payments.
02
Access the SBA Form 3508 EZ from the official SBA website or your lender's online portal.
03
Fill out the basic information section including your business name, address, and EIN.
04
Provide information on the covered period for which you are seeking forgiveness.
05
Enter the amount of the PPP loan, the amount spent on payroll costs, and the number of employees at the time of loan application and forgiveness application.
06
Complete the forgiveness amount calculation and provide any necessary supporting documentation.
07
Certify the information provided is accurate and retain all documentation for at least 6 years.
Who needs sba form 3508 ez?
01
Small business owners who received a PPP loan and meet the eligibility requirements outlined by the SBA.
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What is sba form 3508 ez?
SBA Form 3508 EZ is a simplified version of the Paycheck Protection Program (PPP) loan forgiveness application for borrowers who meet specific criteria.
Who is required to file sba form 3508 ez?
Borrowers who meet certain criteria related to their PPP loan amount, eligibility, and use of funds are required to file SBA Form 3508 EZ.
How to fill out sba form 3508 ez?
SBA Form 3508 EZ can be filled out online or manually by providing all required information related to PPP loan forgiveness, borrower details, and use of funds.
What is the purpose of sba form 3508 ez?
The purpose of SBA Form 3508 EZ is to simplify the PPP loan forgiveness process for eligible borrowers by streamlining the application and documentation requirements.
What information must be reported on sba form 3508 ez?
Borrowers must report details such as their PPP loan amount, eligible payroll and non-payroll costs, number of employees, and any reductions in workforce or salaries.
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