You Don't Have To Pay Back PPP If Less Than $50,000. Find Out How

PPP Loan Less Than $50,000? Here's How To Get It Forgiven.  If you got $50,000 or less in a PPP (Paycheck Protection Loan) you can app...

PPP Loan Less Than $50,000? Here's How To Get It Forgiven. 


If you got $50,000 or less in a PPP (Paycheck Protection Loan) you can apply to have it forgiven. The SBA has released a PPP Loan Forgiveness application. This two-page application is called Form 3508S. 

Here's a step-by-step look at how to get the loan forgiven: https://evergreensmallbusiness.com/forgiveness-for-ppp-loans-50000-or-less-the-new-3508s-form/ 

Forbes, the money magazine, has also written an extensive news story on this topic. Click below for their complete analysis and details: https://www.forbes.com/sites/brianthompson1/2020/10/09/a-new-ppp-forgiveness-application-is-out-what-you-need-to-know/#2f3f3773308f
Here is a direct link to the form:

https://home.treasury.gov/system/files/136/PPP-Loan-Forgiveness-Application-Form-3508S.pdf

And a direct link to the instructions:
https://home.treasury.gov/system/files/136/PPP-Loan-Forgiveness-Application-Form-3508S-Instructions.pdf
 

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