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SBA and Treasury Announce Simplified PPP Forgiveness Application

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New Simplified Application For Forgiveness for Loans Of $50,000 and Less

The U.S. Small Business Administration, in consultation with the Treasury Department, released a simpler loan forgiveness application on October 9, 2020 for Paycheck Protection Program (PPP) loans of $50,000 or less. This action streamlines the PPP forgiveness process to provide financial and administrative relief to America’s smallest businesses while also ensuring sound stewardship of taxpayer dollars. Application

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