SBA Releases Paycheck Protection Program Loan Forgiveness Application
By Travis Miskowitz
On Friday May 15th, the Small Business Administration released the long-awaited Paycheck Protection Program (“PPP”) loan forgiveness application. The forgiveness application includes detailed instructions for borrowers to calculate their eligible costs and determine the amount of PPP loan forgiveness. The form provides more guidance than previously available, but still not as clear as we’d hoped. There are still unanswered questions and we anticipate additional...