What Is Student Loan Forgiveness
The U.S. Small Business Administration has released a single-page form aimed at simplifying the application process for the forgiveness of Paycheck Protection Program loans, along with newly revised and updated forms to comply with the most recent stimulus legislation. Congress approved the COVID-19 relief package last month that included $284 billion of financing to small businesses in need of loans. This money was used to reduce the economic burden of the coronavirus outbreak. The legislation required that the SBA provide simplified forms within 24 hours after … Read more