New PPP loan forgiveness applications released

The U.S. Small Business Administration (SBA), in consultation with Treasury, released Wednesday, June 17, 2020, a revised loan forgiveness application for the Paycheck Protection Program (PPP). The SBA also unveiled a new EZ application for forgiveness of PPP loans.

The applications reflect changes to the PPP made by the Paycheck Protection Flexibility Act of 2020, P.L. 116-142, which became law June 5. The applications and instructions are available in the links below:

  Read more here

Topics: PPP

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People Lease has helped free countless business owners and managers from the never-ending back office fire fighting associated with employee administration. By obtaining payroll preparation, tax filing, workers’ comp, health insurance and retirement plan administration from People Lease, businesses can begin reallocating valuable time and manpower, while more effectively managing cash flow and improving employees’ job satisfaction.

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