SBA and Treasury Announce Simpler PPP Forgiveness for Loans of $50,000 or Less(from CPB)

SBA and Treasury Announce Simpler PPP Forgiveness for Loans of $50,000 or Less The U.S. Small Business Administration, in consultation with the Treasury Department, yesterday released a simpler loan forgiveness application for Paycheck Protection Program (PPP) loans of $50,000 or less (so long as they are not affiliated with other borrowers that received $2 million or more in PPP loans in aggregate).

Here are some of the key highlights:

· This is only a two page form.

· This form does not require borrowers to show the calculations used to determine their loan forgiveness amount.

· Borrowers that use this form are exempt from reductions in loan forgiveness amount based on reductions in full-time equivalent (FTE) employees or in salaries or wages.

What this means for you?

· Already Submitted the Application: If you have already submitted your application using the 3508EZ or the full form, we will continue to review and process your application. No additional action is needed at this time.

· Not Yet Submitted the Application: If have not yet submitted your application, we recommend that you wait for further instructions to apply for your PPP forgiveness. We will make further updates to the portal to comply with recent changes.

PPP Forgiveness Resources:

· Simpler loan forgiveness application (3508S)

· Instructions for completing the simpler loan forgiveness application

· Interim Final Rule on the simpler forgiveness process for loans of $50,000 or less

Should you want to submit your forgiveness application sooner, please contact us at pppforgiveness@cpb.bank or 808-544-6865. Please remember, CPB will never ask for your personal or financial information via email or unsolicited text or phone call.

35回の閲覧0件のコメント

最新記事

すべて表示

PPP FORGIVENESS APPLICATION CPB version

For those who need to apply PPP Forgiveness through CPB, please see this and follow instruction. Please find email from CPB title Apply for PPP loan forgiveness. PPP forgiveness application must be do

もうそろそろPPPの恩赦まだの方はやってみましょう!

PPPの金額が15万㌦まで増やされたので、殆どの小規模のビジネスの方はF3508Sの簡単なほうのフォームを使うことができます。 3508Sの要な情報は ローンを受けた時にいた従業員の数 PPPのうちいくらをPAYROLLで使ったか。お給料として60%を使用するというルールは一緒です。 ローンの合計金額 法律に従ってPPPを使用したという宣誓書 第一回目のPPPの申請者は特に追加書類必要なし 第2回

飲食店活性化財政支援プログラム 5/3 スタート

もらえる金額は2019年と2020年の総収入から1回目、2回目のPPPを除いた差額を申請することができます。 詳しくは申請用紙をよくご覧ください。 下記、間違いやすい点をいくつか列挙いたします。 申請用紙 #7は、フランチャイズや、支店がない限りは NO #8は、上記の質問に従ってそのフランチャイズなどの規定で運営しているかということですからNO ご準備していただく書類ですが、申請用紙のほかにFO