Boodell & Domanskis, LLC

Boodell & Domanskis, LLC - Chicago Business Law

Loan Forgiveness of PPP Loans

Loan Forgiveness of PPP Loans

If you applied and received a Paycheck Protection Program (PPP) loan under the CARES Act, you can now apply for forgiveness of your PPP loan. Click here for the SBA PPP loan forgiveness application. You can submit the forgiveness application in two (2) ways:

  1. You can fill out the SBA application following the given direction and submit to your lender, or
  2. Fill out the application electronically through your lender’s website.

PLEASE BE SURE TO CHECK WITH YOUR LENDER IN WHICH MANNER THE LENDER WANTS TO RECEIVE THE APPLICATION.

If you have questions or concerns, our law office has remained open and continues to serve our clients. We are available by telephone, email and Zoom.

 

https://home.treasury.gov/system/files/136/3245-0407-SBA-Form-3508-PPP-Forgiveness-Application.pdf

Should you have any questions or wish to schedule a consultation concerning the topics in this article, please contact Audra Karalius at akaralius@boodlaw.com.

Share this Story