Not For Profit Student Loan Forgiveness Form

Not For Profit Student Loan Forgiveness Form

The U.S. Small Business Administration has issued a one-page form that simplifies the application for forgiveness of Paycheck Protection Program loans. The form is also updated with new forms that comply with the latest stimulus law.  The COVID-19 relief package that Congress passed last month revived the PPP with $284 billion in funding for small businesses seeking forgivable loans to help them deal with the financial fallout of the coronavirus epidemic. The law required that the SBA provide simplified forms … Read more

Not For Profit Student Loan Forgiveness Form

Not For Profit Student Loan Forgiveness Form

The U.S. Small Business Administration issued a one-page application form that aims to simplify the process of applying for forgiveness of Paycheck Protection Program loans, together with revised and updated forms to conform to the requirements of the most recent stimulus legislation.  Congress approved the COVID-19 relief plan last month that offered $284 billion in funding to small businesses in need of loans. This money was used to reduce the economic burden of the coronavirus outbreak. The law requires that the … Read more