This presentation is for all Small Business Owners who have received a Payroll Protection Program (PPP) Loan. All of YOU should now be working on collecting the data and documentation required for the Forgiveness Application.
(NOTE: as of 8/28/20 no lenders are yet accepting Forgiveness Applications)
This presentation goes into detail on how Forgiveness works, the data requirements of both the SBA Form 3508 (long form) and the 3508EZ short form and other Frequently Asked Questions.
SCORE volunteer and retired CPA and financial executive, Tommy Thompson walks through the loan forgiveness portions of the Payroll Protection Program wich includes the lastest information from the SBA as of August 26, 2020.