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Today @SBAgov and @USTreasury released updated Loan Forgiveness Applications for the #PaycheckProtection Program, including an EZ version.
The #PaycheckProtection program EZ Loan Forgiveness Application applies to borrowers that:
Are self-employed and have no employees; OR
Did not reduce the salaries or wages of their employees by more than 25%, and did not reduce the number or hours of their employees; OR
Are self-employed and have no employees; OR Did not reduce the salaries or wages of their employees by more than 25%, and did not reduce the number or hours of their employees; OR
Experienced reductions in business activity as a result of health directives related to #COVID19, and did not reduce the salaries or wages of their employees by more than 25%.
The #PaycheckProtection program EZ Loan Forgiveness Application is available here: https://content.sba.gov/sites/default/files/2020-06/PPP%20Forgiveness%20Application%203508EZ%20%28%20Revised%2006.16.2020%29.pdf
For borrowers who do not meet that criteria, the revised version of the full #PaycheckProtection program Loan Forgiveness Application is available here: https://www.sba.gov/sites/default/files/2020-06/PPP%20Loan%20Forgiveness%20Application%20%28Revised%206.16.2020%29.pdf
Both apps give #PaycheckProtection program borrowers the option of using the original 8-week covered period (if their loan was made before June 5, 2020) or an extended 24-week covered period. Click here for Instructions and more information 
https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program#section-header-8
https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program#section-header-8
