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Paycheck Protection ProgramLoan Forgiveness Application Revised June 16, 2020, Form 3508 (06/20) OMB Control Number 32450407 Expiration Date: 10/31/2020 Prepared by Eric Filter, ND District Office
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How to fill out paycheck protection

How to fill out paycheck protection
01
Gather necessary documentation such as payroll records, tax forms, and other financial documents.
02
Complete the Paycheck Protection Program (PPP) application form accurately.
03
Calculate the average monthly payroll costs for your business.
04
Submit the application along with all required documents to an approved lender.
Who needs paycheck protection?
01
Small business owners who want to maintain their payroll and keep their employees on payroll during the COVID-19 pandemic.
02
Self-employed individuals and independent contractors who have lost income due to the pandemic.
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What is paycheck protection?
Paycheck protection is a program designed to provide small businesses with funds to pay their employees during the COVID-19 pandemic.
Who is required to file paycheck protection?
Small businesses and non-profit organizations are required to file paycheck protection.
How to fill out paycheck protection?
You can fill out paycheck protection by applying online through the Small Business Administration's website or through an approved lender.
What is the purpose of paycheck protection?
The purpose of paycheck protection is to help small businesses keep their employees on payroll during times of economic hardship.
What information must be reported on paycheck protection?
Information such as payroll costs, number of employees, and loan forgiveness calculations must be reported on paycheck protection.
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