Please note: The SBA Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL) Advance Grant Program are both closed to new applications. Please check the Coronavirus: Small Business Relief FAQs for general information on the programs and the forgiveness process for each. Also, the Pandemic Unemployment Assistance (PUA) program expired on September 5, 2021, per federal law.
Check out this explanation on how Paycheck Protection Program (PPP) recipients could be eligible for and apply for loan forgiveness if certain criteria were met. Find easy to understand instructions for completing the PPP Loan Forgiveness Application Form 3508EZ with examples for self-employed borrowers.