Arab American Business & Professional Association

The Small Business Association (SBA) has clarified the rules surrounding loan forgiveness of the Paycheck Protection Program (PPP). Are you eligible to use the EZ PPP loan Forgiveness Application? 

There is an EZ form that the borrower can use if they meet certain criteria- click here for the details on the criteria. If the borrower meets the criteria, the EZ forgiveness application is here.

If the borrower does not meet the EZ form criteria, the updated regular forgiveness form is available here. 

Additional and Updated information can be found directly on the U.S Small Business Administration website. Link: https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program