Tag: personal loan forgiveness letter sample

  • Personal Loan Forgiveness Letter Sample

    Personal Loan Forgiveness Letter Sample

    The U.S. Small Business Administration has released a form of one page that simplifies the application for forgiveness of Paycheck Protection Program loans. The form also contains newly updated forms that comply with the latest stimulus law.  The COVID-19 relief plan that Congress approved last month renewed the PPP with $284 billion in funding for small businesses seeking forgiven loans to help cope with the economic fallout from the coronavirus outbreak. The package also mandated the SBA … Read more

  • Personal Loan Forgiveness

    Personal Loan Forgiveness

    The U.S. Small Business Administration released a one-page form designed to make it easier for applicants to complete the application process to forgive Paycheck Protection Program loans, together with updated and revised forms that comply with the latest stimulus legislation.  Congress approved the COVID-19 relief plan last month, which included $284 billion of financing for small-scale businesses who needed loans. The money was intended to reduce the economic burden of the coronavirus outbreak. The law requires that the SBA provide simplified forms … Read more