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Hisae Kato

PPP Form 3508S for loan under $50K

SBA just released Form 3508S for loan under 50K. It is very good news to know the process is now simplified. Although the form itself was simple, but you still need to

calculate if PPP loan cover payroll, rent, utilities accordingly.



CPB is not ready for this form 3508S for online yet. It says it takes three weeks to be

ready to apply. I think other banks would be the same.





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