gtag('config', 'UA-3105905-12');

The Small Business Administration (SBA), in consultation with the Department of the Treasury, is providing guidance to address borrower and lender questions concerning forgiveness of Paycheck Protection Program (PPP) loans, as provided for under section 1106 of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, as amended by the Paycheck Protection Program Flexibility Act. Borrowers and lenders may rely on the guidance.

This latest update of the SBA clarified additional points from the use of scanned documents to support the application to the forgiveness eligibility of costs incurred or paid during the chosen covered period.

Learn more.